Indian mutual funds are increasingly tilting portfolios toward short-maturity instruments, steering clear of long-duration bonds as investors recalibrate risk amid changing rate expectations. Key dynamics shaping this shift: As a result, flows are gravitating toward: These categories attracted ₹245 billion in inflows in November, while longer-duration and liquid funds saw sizable outflows. From a portfolio-construction...
Krafton, alongside Naver and Mirae Asset, is launching a $666 million “Unicorn Growth Fund” focused primarily on Indian technology startups, marking one of the most coordinated South Korean investment pushes into India to date. Key takeaways: This move reflects a broader strategic shift: Krafton’s journey in India — from PUBG to BGMI, navigating regulation while...
ICICI Prudential Asset Management made a powerful market debut, with shares surging 23% on day one, valuing the firm at $14.4 billion and making it India’s most valuable listed asset manager. Key highlights: The listing caps a record year for India’s primary markets, with IPO fundraising already surpassing 2024 totals. Strong domestic capital inflows, rising...
The Bank of Japan has raised its policy rate to 0.75%, the highest level in three decades, marking another decisive step away from ultra-easy monetary policy. While the move was widely expected, its symbolic significance outweighs its immediate market impact. 🔹 Why this matters 🔹 Market reaction 🔹 Key variables going forward The consensus view:...
A U.S. investment manager has been charged in New York for allegedly defrauding investors through a fake pre-IPO scheme linked to Anduril Industries, the fast-growing defence and AI company valued at $30 billion. According to U.S. prosecutors, the manager promised investors “economic exposure” to Anduril shares — despite having no access to the company’s stock...
Stockholm-based AI software startup Lovable has raised $330 million, valuing the company at $6.6 billion — nearly 4x in under six months. The round was led by Alphabet’s CapitalG and Menlo Ventures, with participation from Nvidia’s VC arm and strategic investors including Salesforce, Databricks, and Atlassian. 🚀 Why investors are paying attention Lovable enables non-technical...