Flood funds and telethons
The 2022 monsoon season “on steroids” left in its wake widespread destruction, submerging one third of the country under water, with over half of Pakistan’s districts declared as “calamity hit”.…
Ferrari fever? Classic cars roar into investment funds
In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari’s classic car division. It was either…
Under Anwar, Malaysia can ‘do better’ on climate, using global funds
To help Malaysia head off frequent floods and choking air pollution caused by forest fires, new Prime Minister Anwar Ibrahim should tap more global green funding to protect nature and…
Gated UK property funds are open to further risk
UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout restrictions prompted investors to reassess the risks of such holdings, industry experts…
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…
UN could administer over $3bn in funds to aid Venezuela
Venezuelan politicians are discussing proposals for a fund that could release over $3 billion to provide humanitarian aid to Venezuela through the United Nations, in a process that also involves…
Why are nature protection funds not reaching indigenous people?
In the Indonesian part of the island of Borneo, the indigenous community of Sungai Utik has been protecting 10,000 hectares of land for decades, defending their forests from industry and…
Faltering US stocks rally could see volatility-control funds turn sellers
Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market, which has been stoked by the US Federal Reserve’s hawkish stance on interest rate…
Banks’ snubbing of junk-rated loan funds worsens financing logjam
A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies with weak balance sheets during the financial market downturn, fund…
Investors back ESG stock funds even as tech slide hurts returns
Investors continued to flock to environmental, social and corporate governance (ESG) stock funds in January despite a slide in Big Tech hitting the funds’ performance, and as the market braces…
