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Revolution hires portfolio managers

Revolution hires portfolio managers
investordaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investordaily.com.au Daily Mail and Mail on Sunday newspapers.

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Motilal Oswal AMC launches multi-asset passive funds - The Hindu BusinessLine

February 18, 2021
Motilal Oswal Asset Management Company has launched two new fund of fund offers that will invest in actively managed schemes of its own domestic and international equities and debt market schemes, while also investing in ICICI Mutual Fund’s gold fund.
The Motilal Oswal Asset Allocation Passive FoFs come in two variants aggressive and conservative. The NFO opens on Friday and closes on March 5. The fund house has also filed papers with SEBI for launching two passive index funds on emerging markets and developed markets, with focus on Europe and Japan. Currently, the fund house’s passive funds asset under management is worth ₹6,500 crore. ....

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BlackRock North American Income Trust Plc - Portfolio Update

BlackRock North American Income Trust Plc - Portfolio Update
PR Newswire
All information is at
One
172.35p
173.15p
5.6%
138.1m
1.1%
1 Based on four quarterly interim dividends of 2.00p per share declared on 20 March 2020, 5 May 2020, 6 August 2020 and 4 November 2020 for the year ended 31 October 2020 and based on the share price as at close of business on 31 January 2021.
2 Excluding 20,577,261 ordinary shares held in treasury.
3 Ongoing charges represent the management fee and all other operating expenses excluding interest as a % of average shareholders funds for the year ended 31 October 2020.
Sector Analysis
Tony DeSpirito, Franco Tapia and David Zhao, representing the Investment Manager, noted:
For the one-month period ended 31 January 2021, the Company s NAV decreased by 1.5% and the share price by 1.4% (all in sterling). The Company s benchmark, the Russell 1000 Value Index, returned -1.4% for the period. ....

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Akbar Ayub to also hold law portfolio

PESHAWAR: Akbar Ayub Khan, the Khyber Pakht-unkhwa minister for local government, has been given the additional portfolio of law and parliamentary affairs, it was notified here on Tuesday.Sultan. ....

North West Frontier , Akbar Ayub Khan , Sultan Mohammad Khan , Mahmood Khan , Imran Khan , Khyber Pakhtunkhwa , Mohammad Khan , Prime Minister Imran Khan , வடக்கு மேற்கு எல்லை , சுல்தான் முகமது காந் , மஹ்மூத் காந் , இம்ரான் காந் , கைபர் பக்துங்க்வ , முகமது காந் , ப்ரைம் அமைச்சர் இம்ரான் காந் ,

Regal and Rexnord create $3.7bn power transmission business - Drives and Controls Magazine

Regal and Rexnord create a power transmission giant
17 February, 2021
The US-based mechanical power transmission supplier Rexnord is merging its process and motion control (PMC) business with that of its larger rival Regal Beloit to create a new business that will adopt the Rexnord name and is expected to generate sales worth $4.5bn in 2022. The deal will take the form of a tax-free transaction known as a Reverse Morris Trust, in which Rexnord will spin off the PMC business and merge it simultaneously with Regal Beloit. It will make the PMC business worth around $3.69bn.
Regal shareholders will own 61.4% and
Rexnord shareholders 38.6% of the combined entity – known as New Regal – before a potential dividend to Regal shareholders and a corresponding ownership adjustment to Rexnord shareholders. Some $70m of cost synergies are expected in the first year, rising to $120m by the third. ....

United States , Hub City , Todd Adams , Louis Pinkham , Regal Beloit , Reverse Morris Trust , New Regal , North America , Grove Gear , System Plast , Power Transmission , Pmc Business , Rexnord Shareholders , Regal Shareholders , Power Transmission Market , Beloit Regal Shareholders , Corresponding Ownership Adjustment , First Year Rising , Industrial Power Transmission , ஒன்றுபட்டது மாநிலங்களில் , மையம் நகரம் , டாட் ஆடம்ஸ் , லூயிஸ் பிங்க்ஹாம் , ரீகல் பேழோய்த , தலைகீழ் மோரிஸ் நம்பிக்கை , புதியது ரீகல் ,