Sebi proposes two-tier benchmarking plan for mutual funds
The performance of a mutual fund scheme is assessed with reference to a benchmark such as the Sensex, Nifty and Nifty Ultra Short Duration Debt Index
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The performance of a mutual fund scheme is assessed with reference to a benchmark such as the Sensex, Nifty and Nifty Ultra Short Duration Debt Index
Citi Launches ESG World Indices in Response to Ongoing Demand for ESG Benchmarks Citi has launched a new equity benchmark index family which places Environmental, Social and Governance (ESG) considerations and opportunities at its core. The Citi ESG World Indices are Citi's first proprietary indices to offer a benchmark for best-in-class ESG performers from across global markets. The indices use ESG ratings provided by Arabesque, a leading ESG data and analytics company. Unlike other ESG index approaches which typically embed negative screening methodologies to reduce exposure to ESG risks su...
Brook Sabin Hidden in the central North Island is a hot spring that you can only get to by boat or plane. Steam rises off the lake in front of bush-clad hills as Pure Cruise’s luxury catamaran, Tiua, eases across Lake Rotoiti. Then, like a mirage, civilisation appears in the form of hot pools, buildings and jetties lined with boats. These are the hidden hot springs of Manupirua Bay, Lake Rotoiti, near Rotorua. The only way there is by boat, or air, which makes it seem like being escorted into a privileged, secret club. Private boats and charter boats snuggle up to the jetties and Volcanic...