The Mid Cap Fund category delivered average returns of 18.3% CAGR in the last 5 years. Out of the 25 funds in the category, 9 funds delivered returns of more than 20% during this period. The top-performing fund returned 23.4% during this period while the bottom-performing fund returned 12.3%. In comparison the Nifty Midcap 150
A fleet of 14 nuclear reactors is to be built across Britain under plans drawn up by a Polish-led energy investment giant. SGE, a Warsaw-based consortium that develops nuclear infrastructure, is plotting a £35bn investment across three sites to generate up to 11pc of the UK’s total electricity supply. Under plans unveiled on Thursday, SGE’s
Marriage comes with plenty of financial perks, but cheaper home insurance may not be one of them. New research from Compare the Market suggests couples who say ‘I do’ pay £213 on average for their home insurance, compared to £162 for single homeowners. But is marriage really pushing up the cost of cover? We looked
Abbey said her dad was the “life and soul of the party” and that “everyone gravitated towards him”. However, she noticed a change once he stopped working as he did not like to leave the house, work in the garden, or go to the pub. He was even “overwhelmed” by the people around him, including
Wealth management technology provider Vestmark has opened the Center for AI Research and Development, a Boston-based facility dedicated to developing AI-enabled software solutions for wealth management. Meant to expand on Vestmark’s current AI and research and development capabilities, CARD will provide a hub for engineering, product development, experimentation and team growth. The center is designed
Microsoft’s Irish operations paid tax of $5.6 billion (€4.9 billion) last year, almost a fifth of total global taxes it paid in the year, according to a filing by the company under new European Union disclosure rules. The figure confirms the tech giant’s status as one of the biggest contributors to Ireland’s corporate tax revenues,
Global wealth grew at its fastest pace in almost a decade last year, boosted by rising equity markets. However the changing distribution of wealth across the world’s population will damp the associated opportunity for wealth management providers, UBS has said. Total personal wealth grew by 10.8 per cent last year, expanding at its fastest pace
Matt Saward, an insurance regulation expert at Pinsent Masons, was commenting as the Financial Conduct Authority (FCA) unveiled its latest plans to further streamline rules for insurers and insurance intermediaries, while maintaining protections for UK retail customers. The consultation paper, CP26/22 (96-page / 1.11MB PDF), proposes giving firms greater flexibility in how they can
Research suggest most households are unclear what they’re paying for in their energy bills as Utilita says ‘non-supplier’ charges are now almost as big as the cost of energy itself. Brits are clueless about how energy bills are calculated(Image: Getty Images) Almost nine in 10 Brits have no idea where the money in their energy
Performativ Appoints Banking Veteran Jacob Dahl as Chair to Support Enterprise Expansion in Wealth Management Performativ Appoints Banking Veteran Jacob Dahl as Chair to Support Enterprise Expansion in Wealth Management Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that