Bandhan Mutual Fund launched its first SIF, Arudha Hybrid Long-Short Fund, targeting sophisticated investors. The interval strategy blends debt, money market instruments and market-neutral equity arbitrage, aiming for optimal returns, risk management and post-tax efficiency, with the NFO open January 9–22.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK