Beating not just benchmark indices but also star fund managers, an 8-month-old PMS scheme betting on smallcaps turned out to be the star performer, shows data pulled from PMS Bazaar. With a return of 9.09%, Hem Securities’ India Rising SME Stars fund topped the charts of PMS funds.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef