Kevin Warsh’s nomination to lead the Federal Reserve advanced through the Senate Banking Committee along party lines. This move comes as President Trump seeks to exert more control over the central bank.
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC
Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards’ list, led by
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