Investments in mutual funds gained traction in April, with the industry seeing an inflow of nearly Rs 1.86 lakh crore as investors parked their cash in fixed income schemes, seen as safe havens.
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Investors prefer MF debt funds
May 10th, 2010Centro warns of year to thaw funds
May 10th, 2010CENTRO has warned 4000 private investors in two of its unlisted property funds it could be a year before they can access their frozen funds.
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TMB Asset launches two new Korean bond funds
May 10th, 2010TMB Asset Management is launching two new funds to invest in South Korean bonds this month, as some of its South Korean funds will be expired soon.
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Triple A, OGI Ally to Offer Overseas Funds to Japan Investors
May 10th, 2010May 10 (Bloomberg) — Triple A Partners Ltd. , a Hong Kong- based provider of start-up capital for hedge funds, and OGI Capital Partners Ltd. are forming an alliance to introduce overseas funds including hedge funds to Japanese investors.
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Sovereign Funds Unlikely ‘Large Sellers’ on Greece (Update1)
May 10th, 2010Sovereign wealth funds are unlikely to be large sellers of their fixed-income investments in the face of concerns Greece’s fiscal crisis may spread to other eurozone nations, said the head of Australia’s Future Fund.
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An investor asks if there’s such a thing as too many mutual funds
May 10th, 2010Q. One of the largest brokerage firms manages my rollover IRA. To my surprise, they are investing my IRA in 40 different mutual funds. Is 40 mutual funds too many? How many funds does it take to be diversified?— RMR…
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Chavez beefs up Twitter moves with state funds, staff
May 10th, 2010Just days after his new Twitter account became a must-read in Venezuela, President Hugo Chavez said he was setting up a special office with 200 staff and public funds to handle requests supporters Tweet him.
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Oakland Museum of California gala raises funds
May 10th, 2010The artwork is back on the walls but the work doesn’t stop there. About 550 people were on hand Saturday night at the renovated Oakland Museum of California for a gala to raise funds for the museum’s education programs. Jennifer Walker chaired the event in… Oakland Museum of California - Museum - Arts and Entertainment - Education - United States
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Public Bank to launch two funds
May 10th, 2010KUALA LUMPUR, May 10 (Bernama) — Public Bank Bhd will launch two new funds, namely the PB Singapore Advantage-30 Equity Fund (PBSGA30EF) and PB Infrastructure Bond Fund (PBINFBF) on Tuesday.
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Transurban’s Sydney Tunnel Bid May Block Canadian Funds Offer
May 10th, 2010May 10 (Bloomberg) — Transurban Group , subject of a takeover offer from two Canadian pension funds, will sell shares to pay for an agreed purchase of Sydney’s Lane Cove Tunnel in a transaction that may block its own acquisition.
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