Warren Buffett has stepped down as Berkshire Hathaway chairman after more than 60 years, handing the role to his son Howard Buffett while Greg Abel continues as CEO. Abel said Buffett’s culture and values will remain central to the $1.1 trillion conglomerate as it moves into its next chapter.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large