In recent conversations with market participants, JP Morgan’s index managers have said that around 75% of the assets under management (AUM) linked to the bond indices are ‘active’, and that the total AUM tracking the platforms could be more than $300 billion, sources aware of the matter told ET.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of