Mutual funds have broadly stepped up their bets in longer-duration government bonds in 2024 as the likelihood of interest rates being lowered – even if with a slight delay – brings the prospect of reaping capital gains on sovereign debt. An analysis of public factsheets released by five large mutual funds shows a significant increase in modified duration and average maturity of gilt funds, indicating confidence that interest rates, and consequently bond yields are heading lower in coming months.
Aequs shares slide 6% after Q4 swings to loss despite strong revenue growth
Aequs Limited shares fell 6.25% after reporting a sharp decline in Q4FY26 profitability and widened full-year losses, despite robust revenue growth. Investors are concerned over