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Bulk Deals: Foreign investors sell 5.41% stake in PB Fintech, 6.99% in Indus Towers

Claymore Investments (Mauritius) offloaded almost their entire stake in PB Fintech, while Silverview Portfolio Investments sold their entire stake in Indus Towers. ....

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What's in store for mutual fund investors in 2024?

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. ....

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'India has robust financials, is on every investor's radar': Kenneth Andrade, founder, Old Bridge Capital

Old Bridge Capital founder Kenneth Andrade ....

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King of mid-caps, Kenneth Andrade, is back. His hunting ground: monopolies, cash flows, low valuations

Veteran investor Kenneth Andrade’s Old Bridge Capital has launched its first NFO under Old Bridge AMC. He says the investment approach is not to break down the BSE 500 by sectors and align the portfolio to those sectors. Instead, “we identify stocks based on our own criteria,” explains Andrade. ....

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Will maverick mid-cap fund manager Kenneth Andrade do an encore with Old Bridge MF?

Old Bridge Mutual Fund, India’s newest and 44th fund house, will be launched on January 10. Its chief investment officer, Kenneth Andrade, was earlier the head of investments at IDFC Mutual Fund (now Bandhan MF). He had left to set up a PMS, called Old bridge Capital. Now, he’s back in the Rs 50 trillion Indian mutual fund industry with a brand new fund house ....

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