The AUM play

The AUM play

Some interesting insights from the analysis of the change in the assets of the mutual fund industry over the last five years The mutual fund industry continues to expand rapidly, with its AUM (assets under management) more than tripling in the last five years. At the end of 2013. the Continue Reading

The mutual fund revolutionary

The mutual fund revolutionary

John Bogle revolutionised the mutual fund industry by bringing down mutual fund costs and popularising index funds. He died on 16th January. There are some individuals who Tleave such a deep mark on an entire industry that they can be said to have shaped everything that follows. The obvious examples Continue Reading

strategies to Boost employment

strategies to Boost employment

As China faces increasing pressure to create new work opportunities and a skilled labour force, it must consider new tactics to stabilise the job market and the wider economy. At a politburo conference held at the end of last July, the Chinese government deined its major economic tasks for the Continue Reading

Lyft Worrying signs for coming IPOs

Lyft: Worrying signs for coming IPOs

Lyft, in the “highest-profile stock sale of the year,” slipped below its offering price this week amid Wall Street “concerns about how fast the ride-sharing company can start making money,” said Esha Day in Bloomberg.com. Though the muchhyped company is still valued at around $20 billion, it’s a disappointing debut. Continue Reading

Saudi Aramco’s stunning profits

Saudi Aramco’s stunning profits

The world’s most profitable company in 2018 wasn’t Apple or Amazon but Saudi Arabia’s state oil company, said Rory Jones and Summer Said in The Wall Street Journal. The kingdom-owned Saudi Aramco said its income was $111 billion, which dwarfs that of Apple ($60 billion) and of Exxon Mobil ($21 Continue Reading