It is possible that this could result in fewer fund launches. Mutual funds that launch schemes to keep distributors happy will under be less pressure to keep coming out with NFOs.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting