Equity mutual funds: a half year of turmoil
The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from crisis to crisis. The cacophony of political…
Equity mutual funds: a half year of turmoil
The first half of fiscal year 2023 has come to an end, and will be remembered as a time where Pakistan lurched from crisis to crisis. The cacophony of political…
Mutual funds start to put their mouth where their money is
Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management. But now some mutual funds are beginning to rethink their stance,…
Mutual funds
Warren Buffet is a prescient man. In his annual letter to shareholders of Berkshire Hathaway on March 8, 2003, he wrote "derivatives are financial weapons of mass destruction, carrying dangers…
Growth of mutual funds in Pakistan
Mutual Funds performance is one of the most frequently studied topics in investment area in most countries. The reason for this popularity is availability of data and importance of mutual…
Taxation: Doctrine of mutuality
It is an established principle that what is not “income” under the income tax law cannot be taxed, and where there is no sale of “goods” or providing and rendering…
Refunds delayed is justice denied
In Naya Pakistan you have to thank those who sit on your money and return it, in dribs and drabs, as and when it suits them. But lest you should…
China’s fledgling junk bond market spawns new breed of vulture funds
When the Shanghai-traded bonds of conglomerate China Minsheng Investment Group plunged 40 percent over two days in January after news it had missed a repayment, Beijing-based hedge fund manager Jash…
Exclusive hedge funds crack open door to Main Street
As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and…
Mutual trust
Glancing upward at one of the six US manufactured prostate blimps performing constant surveillance over Kabul, I wonder if the expensively high-tech giant’s-eye view encourages a primitive notion that the…
