Gilt funds invest in government securities. These funds are sensitive to interest rate changes. Rising yields have recently led to weak returns for gilt funds. Investors should consider gilt funds when bond yields are high. These funds are not ideal for those seeking stable returns or high liquidity. Understanding interest rate cycles is key for gilt fund investors.
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