Monday, June 24, 2024

PrimeInvestor issues exit call on Quant MF schemes

PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs' funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.

from Economic Times https://ift.tt/SKHR8Ob

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...