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Tag: opportunities

Aditya Birla Sun Life Mutual Fund launches Special Opportunities Fund

Aditya Birla Sun Life Mutual Fund launches Special Opportunities Fund

Finance
Aditya Birla Sun Life AMC has announced the launch of Aditya Birla Sun Life Special Opportunities Fund, an open-ended equity scheme following the special situations theme. The fund will be managed by Anil Shah. The fund management team also includes Chanchal Khandelwal and Vinod Bhat. The NFO opens on October 05 and will close on October 19. The fund will have a focused portfolio. The portfolio will be sector and market cap agnostic. The fund can also invest upto 25% of the corpus in international opportunities pertaining to special situations. According to the press release, the scheme looks at exploring opportunities created by events like change in management, business restructuring, merger & acquisitions, Government policy change, regulatory changes, disruption due to a new entran...
‘Major mispricings’ in market are creating huge opportunities, Wells Fargo’s Chris Harvey says

‘Major mispricings’ in market are creating huge opportunities, Wells Fargo’s Chris Harvey says

Finance
It may be time to explore contrarian plays.Wells Fargo Securities' Christopher Harvey is telling investors the best opportunities are in the hardest hit parts of the stock market. He believes the potential rewards outweigh the risks."Start adding cyclicality. Start adding value. Start adding risk," the firm's head of equity strategy told CNBC's "Trading Nation" on Wednesday. "This is where the major mispricings are."Harvey, who once referred to himself during an interview as "not a real positive guy," believes the worst is behind the market as the country battles the coronavirus pandemic."We're starting to price in a less bad scenario," he said. "Things are getting slightly better at the margin."In addition to fewer new virus cases, better spending patterns and the gradual reopening of the...
Consolidating environment presents growth opportunities for Kotak Mahindra Bank: Uday Kotak

Consolidating environment presents growth opportunities for Kotak Mahindra Bank: Uday Kotak

Finance
MUMBAI: Only the fittest will survive the difficult financial sector landscape and the "consolidating" environment presents Kotak Mahindra Bank (KMB) growth opportunities, its head Uday Kotak said on Wednesday. In a New Year message to employees, Kotak urged everyone to be on the toes in the current environment where Charles Darwin's 'Survival of the Fittest' is most applicable and also gave examples of sectors like telecom, airlines, real estate and finance, where there have been troubles. "It is a great opportunity for Kotak to grow in an environment which is consolidating? he said. The well-capitalised private sector lender's name has constantly featured in speculation as the entity looking out for acquisitions. Possibly taking cue from the same, heads of its peers SBI and Axis Bank las...
I'm A Celeb: What opportunities await Harry Redknapp?

I'm A Celeb: What opportunities await Harry Redknapp?

Entertainment
Harry Redknapp has kept I'm A Celeb viewers hooked during the last three weeks, thanks to his love of jam roly poly, his wife Sandra and a footballer story or two.Almost 11 million people tuned in to watch the 71-year-old win the show, meaning he now has a legion of new fans. So what could this mean for his future? Will he follow in the footsteps of recent winners Georgia 'Toff' Toffolo or Scarlett Moffatt and take up some lucrative TV offers?The former football manager has already enjoyed a successful and lucrative career having been in charge of big name Premier League clubs such as Tottenham Hotspur and West Ham, whilst some of his jungle teammates are only just starting out in their respective fields. PR expert Mark Borkowsk...
Birmingham City 0-0 Swansea City: Blues left to rue missed opportunities as Graham Potter works more magic

Birmingham City 0-0 Swansea City: Blues left to rue missed opportunities as Graham Potter works more magic

Sports
MATCH REPORT Lukasz Jutkiewicz had the best chance for the hosts, but skewed his left-footed shot wide Birmingham City were left to rue their missed opportunities as they failed to find a way past a resilient Swansea City side in the ‘Garry Monk Derby’. Despite creating a host of gilt-edged chances in the opening half an hour, the Blues were ultimately frustrated by Graham Potter’s men. Oli McBurnie failed to get into the game for the Swans Lukasz Jutkiewicz had the best chance for the hosts, but skewed his left-footed shot wide after great work by Jota. The result moves the Swans up to second in the table, having played a game more than the rest of the sides in the Play-Off places. Despite having 17 attempts on goal, the ho...