A gilt fund juggles around with maturities to maximise returns, but, effectively, a lot of the return depends on capital appreciation in the underlying bonds. They have to do this as most of the gilts that funds hold may not have attractive coupon rates. Though gilt funds too have accrual income through coupon payments on the securities, other debt fund categories score better on this count as they invest in higher-yield corporate and bank debt papers. … [Read more...] about Double-digit returns in gilt funds: Should you rush to invest in them?
Hedge fund fees
Workers at the Dutch subsidiary have been unhappy since the departure last week of their CEO Theo Henrar, which prompted an angry response as he was seen as a strong advocate against Tata's plans to cut around 1,000 jobs in the Netherlands. … [Read more...] about Striking workers block doors of Tata Steel plant in Netherlands
BJP MP Rakesh Sinha, a part of the TTD Board, has raised objections against any plan to auction the temple’s property, while party MP Tejasvi Surya has attacked the Andhra Pradesh government for the decision.AP Govt’s decision to sell assets of Tirupati Devasthanam is highly deplorable. We must oppose this tooth & nail. … [Read more...] about Tirupati asset auction 2016 decision: TTD chief clarifies amid backlash
Parents who must leave home to work have limited time to supervise children’s schooling. The same is true for parents who must work from home, who have infants or who are caring for the sick. As Cleveland’s schools prepared to close in late March, teachers set out to speak with every student’s family about remote learning. They were initially able to reach 60% of parents. After trying for a few more days, they were still unable to connect with the family of 1 out of 10 students. … [Read more...] about Coronavirus pandemic | The school year really ended in March
It reported a 21 percent rise in profit for its financial year that ended on March 31, but said the pandemic had hit its fourth-quarter performance and it would tap banks to raise debt in its first quarter to lessen the impact on cash flows by the virus. … [Read more...] about Emirates to raise debt as it braces for ‘most difficult months ever’