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The 'cult' of Marcellus propels it to the top of India's PMS league


The ‘cult’ of Marcellus propels it to the top of India’s PMS league
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MUMBAI: As Nifty50 tanked 24 per cent in March 2020 amid a raging pandemic, Marcellus Investment Managers’ own funds fell about 15 per cent. At that time, the asset manager’s founder and chief investment officer Saurabh Mukherjea would have felt relieved, and perhaps a hint of pride, at his fund’s resilience.
The relative outperformance of Marcellus Investment Managers during the worst selloff in Indian equity market since the Global Financial Crisis eventually became the catalyst for a blowout year for the PMS. ....

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22Apr2021 Pre-Market Commentary: Wall Street Futures Steady After Jobless Claims Data: DOW Down 18 Points, S and P 500 Off 3, Nasdaq Down By 0.2%, WTI Crude 61.50, Bitcoin 55000

22Apr2021 Pre-Market Commentary: Wall Street Futures Steady After Jobless Claims Data: DOW Down 18 Points, S and P 500 Off 3, Nasdaq Down By 0.2%, WTI Crude 61.50, Bitcoin 55000
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New homes, new jobs, new businesses: Kannapolis grew in 2020 despite obvious challenges


Thomas Lott
Kannapolis saw the effects of COVID-19 in 2020 just like every other town center in the area but did its best to continue to improve.
While sales tax was down, along with several other revenue streams that aid in the growth of the ever-developing Kannapolis, the city pressed forward in its quest to not only revitalize its downtown but bring jobs and homes for those looking to move to the area.
“As growth happens in the Charlotte region and moves up the I-85 corridor, companies and people look for nearby cities to move to that offer a welcoming business atmosphere and great quality of life for their employees,” said Kannapolis City Manager Mike Legg in a statement. “We have a forward-looking City Council and staff who have invested in the right things to ensure we attract quality companies and grow responsibly.” ....

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