Carry trade gains traction as investors eye emerging markets. Expectations of Federal Reserve rate cuts weaken the dollar. Money managers are investing in currencies of Brazil, South Africa, and Egypt. A weaker dollar and easing volatility create favorable conditions. The trade paused in July but is now reviving. Dismal US jobs data fuels bets on lower borrowing costs.
5 mutual fund NFOs and 1 SIF to open for subscription this week. Check details
Five mutual fund NFOs and one SIF are set to open for subscription this week, offering investors fresh opportunities across index, ETF and thematic categories.