Highlights
For buying Gold ETF, you don’t need a Demat account.
Digital gold is one of the most popular physical gold alternatives.
With many states under lockdown to stop the spread of the novel coronavirus, the Covid-19 pandemic has surely turned Akshaya Tritiya 2021’s celebrations sour. Gold buyers are unable to buy physical gold on the day, as jewellery showrooms are shut across the nation.
Since buying gold is considered auspicious on Akshaya Tritiya, investors are now on the lookout for physical gold alternatives to celebrate the festival. If you are planning to go ahead with gold alternatives, then we have these three alternative suggestions for you:
Special to the Tribune
Exchange-Traded Funds are more popular than ever with total assets in U.S. markets approaching $5 trillion. At the same time, more ETFs are closing than ever before. In 2020 a record 275 ETFs closed their doors. What is going on?
David Vomund
Companies late to the ETF game must distinguish themselves from their competition, and it’s too late to launch an ETF in a well-established area. For example, launching an emerging market ETF at this point will likely fail because those interested in that area gravitate to the popular iShares Emerging Markets (EEM) or Vanguard Emerging Markets (VWO). Wisdom Tree China closed its doors last year because investors who want to invest in China buy iShares China (FXI), which has a 17-year track record and $4.3 billion in assets.
Tamburlaine Organic Wines release True Earth Collective range with Jamie Durie winetitles.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winetitles.com.au Daily Mail and Mail on Sunday newspapers.
<p><span>ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that ETFs and ETPs listed globally gathered net inflows of US$105.37 billion during April, bringing year-to-date net inflows to a record US$465.41 billion which is higher than the prior record US$184.04 billion which was gathered at this point last year. Assets invested in the global ETFs and ETPs industry have increased by 4.6% from US$8.56 trillion at the end of March 2021, to US$8.96 trillion at the end of April, according to ETFGI s April 2021 Global ETFs and ETPs industry landscape insights report, a monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)</span></p>
PSX to get new trading platform
Will become operational in next few months to strengthen security features
The new trading system will bring the PSX on a par with international stock exchanges. PHOTO: FILE
KARACHI:
The Pakistan Stock Exchange (PSX) is all set to make a newly acquired trading platform fully operational over the next couple of months to strengthen security features to better safeguard investors’ data and integrate the national bourse with regional and international stock markets.
The new trading system, which is bought from Shenzhen Stock Exchange (SZSE) for $2.85 million, has a built-in surveillance system, which means it is capable of preventing and detecting data leakages and theft attempts. The integration would help attracting foreign investment at PSX.