DSP Mutual Fund has launched the new fund offer (NFO) for the DSP Multi Asset Omni Fund of Funds today. The NFO will close on February 19. It is an open-ended fund-of-fund scheme that invests across equity, debt and commodity-oriented mutual funds and exchange-traded funds (ETFs). The fund uses DSP Mutual Fund’s internal market framework,
The insolvency application for broadband provider G.Network last month was yet another blow to the Universities Superannuation Scheme. The UK’s largest private pension fund had invested close to £300mn in the upstart broadband provider in the depths of the coronavirus pandemic, only to have its equity stake wiped out in a forced sale to a
Following the final Your Fund Surrey Advisory Panel (for Large Community Projects) meeting held in January, seven community projects across Surrey have been awarded a combined £537,533 to enhance local facilities, expand opportunities for young people, and improve access to inclusive community spaces. A further eight larger‑scale proposals within this round of funding continue to
South Shropshire MP Stuart Anderson, said the scrapping of the UK Shared Prosperity Fund (UKSPF) is despite Government Ministers admitting that overall productivity in the most rural areas of the UK is typically lower than urban areas. Created by the last government, the UK Shared Prosperity Fund (UKSPF) replaced the European Regional Development Fund following
DSP Mutual Fund has launched the DSP Multi Asset Omni Fund of Funds, an open-ended fund-of-fund scheme that invests across equity, debt and commodity-oriented mutual funds and exchange-traded funds (ETFs). The scheme seeks to simplify investing for individuals who do not actively track markets or manage asset allocation across cycles. The fund uses DSP Mutual
Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. A US government-backed mining investment fund has agreed to buy a 40 per cent stake in Glencore’s copper and cobalt projects in the Democratic Republic of Congo, the first big investment in the country since Washington
South Staffordshire Community Lottery has helped 107 charities and organisations in the district, providing cash for vital projects including activities and days out for disabled adults, support for children’s groups, equipment for litter picking and river water testing in the district, and habitats for birds and bats. Manager Nick Morris, of Codsall-based charity Rockspur House,
The Vanguard Information Technology ETF gives investors positions in leading tech companies, but it comes with risk. Tech stocks have been soaring in recent years due to opportunities in artificial intelligence (AI), and that has propelled the S&P 500 index to new heights. In three years, the broad index has risen by roughly 73%, which
The Warm Fund, introduced by the Cadent Foundation, aims to help around 10,000 households over the course of the year who are struggling to heat their homes amid persistently high energy costs. Delivered through a network of charity partners, including Citizens Advice, Groundwork and Act on Energy, the scheme is designed to provide practical, immediate
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Norway’s $2tn wealth fund would lose almost a quarter of its equity portfolio value in the event of climate shocks and more than half would be wiped out by a correction in AI valuations, its