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wealth managers

Jan 21, 2020, 07.07 PM IST

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WEALTH MANAGERS

Why do some mutual fund investors fail to create wealth?

Many mutual fund advisors say that investors make some common mistakes that reduce their chances of earning the maximum returns.

India's richest 1% holds over 40% of national wealth: Oxfam Report

A recent report on Monday showed that India's richest 1 per cent of the po...

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  • The speed and scope of the gains are surprising even the most seasoned market watchers.

    Zen is the English form of the Japanese pronunciation of the Chinese word Chan, which is derived from the Sanskrit Dhyana. Zen as a school of Buddhism focusses on attaining insights and applying them. Here’s how to apply insights from these concepts.

    Educationists and marketing pundits concur that expressing dissent on campuses by students through protests is normal, and acceptable. However, some caution when protests stretch too long and send the functioning of an institute into a tailspin, it can potentially impact the reputation of the institute.

    Hierarchy is there for every spending decision. A basic second-hand car or the luxury model; a simple oneroom apartment or the 6-bedroom penthouse; the lunch at Mani’s or the menu at the Taj; the list can encompass all spends.

    ​Inflation will probably remain elevated over the next six to 12 months, says Maneesh Dangi.

    ‘The main purpose of the MoU is to review the existing ‘beat policing system’ of the state police and make recommendations for further strengthening of the system. We would also aim at strengthening the law and order and exchange research personnel and technical expertise’, said OP Singh, Director General of Police (DGP), UP in a statement.

    India's richest 1% hold more than four-times the wealth held by 953 mn people who make up for the bottom 70%.

    Haefele joins his Wall Street counterparts in voicing concerns over returns this year.

    Amazon offered the top salary package of Rs 40.50 lakh per annum, slightly less than last year’s highest salary offer of Rs 40.79 lakh made by Google. This year’s median cost to company (CTC), however, rose nearly 11% to Rs 22 lakh from Rs 19.82 lakh last year, said Kanwal Kapil, dean of placements at MDI, Gurgaon.

    Why does the rise of crorepatis cause poverty to increase? Much of their wealth gains are due to property and stock market booms, which do not translate into greater employment opportunities. Worse, these gains accrue at the expense of those at the bottom of the wealth ladder. The distributions of wealth and power also affect the allocation of investment opportunities.

    The convergence of finance with waste management may seem preposterous and improbable, but lately the concept of ‘Prudent Money Management’ is generating palpable interest among industry savants- conventional and modern alike.

    Samrat Khosla, who will relocate to India, brings to the role a wide experience gained over his career in distribution, products and wealth management. He joined the Bank in 2003 and worked in various roles across Retail Banking and WM before relocating to Singapore to join the Bank’s Group WM team in 2010.

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