by AIP Online Bureau | Nov 20, 2022 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
According to one of the FIRs lodged with the Economic Offences Wing (EOW) of the Delhi Police, Mangat Ram Maini, a resident of Firozpur in Punjab, as well as his relatives and associates allegedly defrauded investors to the tune of hundreds of crores. New Delhi:...
by AIP Online Bureau | Nov 16, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in...
by AIP Online Bureau | Oct 3, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
Further, Sebi-registered intermediaries, including portfolio managers (who manage portfolio management schemes) cannot offer products with assured or fixed return on investment. Many such unauthorised schemes are run like ponzi schemes without any real investment made...
by AIP Online Bureau | Sep 26, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”However, the overall narrative of the market remains weak, especially following the cautiousness ahead of the RBI MPC due later this week,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd Mumbai: Equity...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News
The sharp increase in mutual fund (MF) folio count implies that a lot of new investors are coming into the capital markets and are embracing mutual funds as their preferred vehicle for investing. “Demonetisation led financialisation of household savings, further...
