Swindon councillors gave unanimous support to what had been a Labour motion, but which became a cross-party motion when seconded by group leader Councillor Gary Sumner to create the fund using cash receipts expected by the council from the sales of houses in Wichelstowe, where the council is a partner in the development consortium. The idea
Key Takeaways Cash flow represents inflows and outflows of cash within a specific period. A cash flow statement tracks cash movements into and out of a company. Fund flow involves capital moving into and out of investment assets. Cash flow and profit are distinct; profit is cash left after expenses. Companies report cash flow from
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Staff at the University of the West Indies (UWI) Cave Hill Campus are expressing deep frustration and anxiety following a meeting regarding the management of their retirement funds. A proposal to transition the current superannuation plan from a Jamaica-based trust to a local entity has sparked fears that retirees will lose access to their hard-earned
The top 10 best-performing mutual funds in Nigeria all returned over 30 percent to investors in the first six-weeks of 2026, according to the most recent data obtained from Weekly Net Asset Value Data of the Securities and Exchange Commission (SEC) Nigeria. At over 30 percent return, investors are guaranteed positive real returns on their
HDFC Mutual Fund has launched the HDFC Income Plus Arbitrage Omni Fund of Fund (FOF), an open-ended scheme that will invest in units of domestic arbitrage schemes and active as well as passive debt-oriented schemes. The New Fund Offer (NFO) will remain open from February 27 to March 11. The scheme will dynamically allocate between
Key Takeaways The Money Market Mutual Fund Liquidity Facility (MMLF) was launched to support prime money market funds. MMLF provided liquidity to prime money market funds through non-recourse loans. The program was a joint initiative of the Federal Reserve, OCC, and FDIC. MMLF loans were exempt from affecting banks’ regulatory capital and liquidity ratios. The
TRUST Mutual Fund has announced the launch of the TRUSTMF Mid Cap Fund, an open-ended equity scheme that will predominantly invest in mid-cap companies. The New Fund Offer (NFO) opens on February 27 and will close on March 13. The scheme will invest in companies ranked 101st to 250th by full market capitalisation, in line
GCQ Funds Management, a Sydney-based hedge fund has declared that a “bottom” is in place for the sell-off seen in software stocks globally. The fund, which manages over A$2 billion in assets, purchased A$200 million ($143 million) worth of tech stocks during the sell-off. To fund this purchase, GCQ sold some of its top-performing holdings,
Despite volatile equity markets driven by simmering geopolitical tensions and their effects on the global economy, inflows into equity mutual funds have remained strong. In January 2026, the equity funds category reported inflows for the 59th consecutive month, worth Rs 24,029 crore. And within the category, flexi-cap funds saw the largest inflows for the sixth