The White House cautioned staff against using their positions for futures market bets following a pause in Iran strikes. This comes amid scrutiny over well-timed bets preceding major policy decisions, raising questions about potential information leaks. A significant bet on oil futures preceded a delay in attacks on Iran’s energy infrastructure, after which oil prices dropped.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
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