Jio BlackRock AMC will launch its new arbitrage fund NFO between December 9 and 11, positioning it as a tax-efficient, zero-risk investment option at a time when market sentiment is improving and returns are declining. CIO Rishi Kohli says arbitrage – classified as an equity product but behaves like fixed income – is a “logical […]
Global brokerage firm Morgan Stanley has made significant changes to the India Equity Strategy’s focus list for the Asia Pacific region, adding Reliance Industries Ltd (RIL) and Mukesh Ambani-owned Varun Beverages Ltd (VBL) to the list. In addition, the brokerage firm also said that it has removed Interglobe Aviation (IndiGo) and Jubilant Foodworks from its […]