In September, at least two PMS schemes significantly outperformed benchmarks, achieving double-digit returns of up to 12%. According to data from PMS Bazaar, Pace Financial’s Tresor SKG India Value Fund was the top performer, delivering a monthly return of 12%, followed by Molecule Ventures’ Quant Fund with a return of 10.28%. Other notable winners included Sundaram’s SISOP Fund, Emkay’s Golden Decade of Growth, Wryght’s Alpha Fund, and InCred’s Healthcare Portfolio.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest