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ETFs are healthier retirement options, so why don't more advisers use them?


The Globe and Mail
Andrew Hallam
Published January 12, 2021
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When I was in elementary school in the late 1970s, many of my teachers smoked. I remember knocking on the staff room door at lunch and, as the door opened, a wall of smoke hit my face.
These days, teachers can’t smoke in schools. Even if they could, few would. It’s medically proven to shorten people’s lives. The medical community was likely among the first to butt out: They probably saw the science first.
You might think financial advisers have the same forward thinking when it comes to what’s good for them in their own industry. But if they did, why would so many still recommend actively managed funds when index funds and ETFs are healthier retirement options? They perform much better because of their lower fees. ....

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Infosys Q3FY21: Will IT major raise FY21 guidance?


Infosys Q3FY21: Will IT major raise FY21 guidance?
Coming on the back of a quarter that saw strong deal closures, analysts expect Infosys to revise upwards its constant currency revenue guidance for FY21
Rukmini Rao | January 12, 2021 | Updated 20:21 IST
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After a stellar set of numbers by Tata Consultancy Services, the similar performance is expected from Infosys. The Bengaluru-based IT major is all set to announce its third quarter numbers on Wednesday. Coming on the back of a quarter that saw strong deal closures, analysts expect Infosys to revise upwards its constant currency revenue guidance for FY21.
Nomura in its note dated January 4 expects the company to post a revenue growth of 3.4 per cent in dollar terms and around 3.1 per cent in constant currency terms for the third quarter largely led by a ramp-up in Vanguard which the company announced in (second quarter) July 2020, and revenues flowing in from its acquisition including Kale ....

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