portfolio | Common News Update

Oct112020 by adminNo Comments

These travel plays may boost your portfolio – with one major exception

Finance

IHT Wealth Management's Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios.Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months."People are going to be sitting down at home saying 'Okay, it's snowy outside. I want to get out. I need to get somewhere. I need to do something.' And, they're going to start booking those trips," the firm's director of investments told CNBC's "Trading Nation" on Friday. "As an investor, you want to be positioned ahead of the company even starting to get the bookings."According to Gheriani, most travelers will look to book trips for late spring and the second half of next year — ...

Jan312020 by adminNo Comments

This is the right amount of bitcoin to keep in an investment portfolio

Finance

eclipse_images | E+ | Getty ImagesIf you can't beat the crypto crowd, it might be time to join them, experts say.Virtual currency and its underlying technology, blockchain, are here to stay – and that means both will play some role in investors' lives."It's actually very hard to decouple blockchain and bitcoin," said Sunayna Tuteja, head of digital assets and distributed ledger technology (DLT) at TD Ameritrade.She spoke at the TD Ameritrade LINC conference in Orlando, Florida, on Wednesday."On the one end, how do we commercialize the value of DLT and blockchain to bring more innovation to traditional markets?" Tuteja asked. "On the other end of the spectrum: How do you tap into this nascent asset class?"Cryptocurrency – at least bitcoin – has staying power. "Because there's a fixed number...

Sep132019 by adminNo Comments

UTI Credit Risk Fund proposes segregated portfolio of Altico Capital

Finance

UTI Mutual Fund proposes to create segregated portfolio in respect of Altico Capital India in UTI Credit Risk Fund effective from September 13, 2019. This came after downgrade of debt instruments of Altico Capital India to ‘B’ i.e. ‘below investment grade’ by CARE Ratings Ltd. UTI Credit Risk Fund has an exposure of Rs 201.82 crore in debt security (INE587O07230) of Altico Capital India, amounting to 5.85 pe rcent of AUM. The exposure is as on September 12. How will the move impact investors? Upon recovery of money from Altico Capital India in the segregated portfolio, whether partial or full, it will be distributed to the investors in proportion to their holding in the segregated portfolio. The existing investors in the scheme, as on the day of creation of segregated portfolio, shall be a...

Apr202019 by adminNo Comments

Elections do matter to market, but you can build a poll-proof portfolio

Finance

By DK AggarwalThe stock market fluctuates to the flow of news related to not just the economy, but also politics and other events. In India, the general elections decide what is in store on the political front for the next five years and foreign players generally prefer to invest in economies that have stable governments with strong policies with long-term visibility. The rally we are witnessing in Indian stocks can be attributed to the optimism over expectation of Narendra Modi’s return as Prime Minister for another term. This optimism has kept foreign investors bullish on India and the market is benefitting from huge emerging market inflows. To boot, India equities have witnessed foreign inflows worth a net of $ 6.7 billion during January-March, which is more than the outflows of $ 4.4...

Mar192019 by adminNo Comments

Investors should always have gilt funds in their portfolio, says Prashant Pimple of Reliance MF

Finance

Gilt funds are suitable for investors with absolutely no appetite for credit risk and with willingness to stay invested for three to five years or more, says Prashant Pimple, fund manager, Reliance Gilt Fund. Edited Interview Gilt funds are giving an average return of 8.23 per cent in one year. What contributed to it? Last year gilts as a category has outperformed most of the asset classes as yields on G-secs fell on account of Open Market operations (OMO), under which RBI buys G-secs from market to provide liquidity, rate cut of 25 bps by RBI and lower inflation readings. The 10-year G-sec yield made a high of 8.15% on supply worries in Sep 2018 but as RBI conducted more and more OMOs and followed by rate cut and further expectations of rate cuts markets took comfort with yields trading ...