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High taxes and low returns: why Category III AIFs, once poised for stellar growth, are faltering ✖ Synopsis For AIFs, Category II was a segment with strong traction two years ago, even as Category III was catching up fast and was expected to outgrow it. But that hasn’t happened. While a change in the tax regime in 2019-20 did hurt the industry, the question is whether the returns generated by such schemes justify the premiums they demand. Two years ago, portfolio-management services (PMS) firm 2Point2 Capital Advisors was bullish on the prospects of launching a long-short fund. It had app...

Diana conspiracy." imogen, the princess was pregnant. >> no, she wasn't. 24r* were three separate exhaustive investigations. one in sphrans and the one in the uk cost the taxpayer about $20 million. diana absolutely was not pregnant. we have these conspiracy theories every august. diana on many levels was our jfk and our marilyn. these conspiracy theories come up. her death was on the 31st of august and they are in fact conspiracy theories. >> allen, point2, wasn't the driver of the vehicle, henri paul, wasn't he drunk and wasn't this a drunk driving, tragic accident? >> no, he wasn't drunk. w...