Author: Charlotte

Around 59% of stocks in the large & midcap universe are trading more than 20% below their all-time highs following the recent correction, creating an attractive entry point for long-term investments, according to an internal study by Abakkus Mutual Fund.The study says the current market environment has strengthened the investment case for large and midcap funds. Following the recent correction, a majority of stocks in this universe witnessed meaningful declines from their peak levels, potentially offering attractive entry points for investors looking to build long-term wealth.Also Read | Can a Rs 58,000 monthly SIP build a Rs 10 crore corpus…

If Andy Burnham becomes Prime Minister, devolution will be at the centre of the Government’s domestic policy agenda. In his speech last week, Burnham set out how greater local responsibility in England should improve both public services and national economic performance.  One challenge that has been raised is the the experience of devolution in Scotland, Wales, and Northern Ireland. If devolution is so good for growth, so the argument goes, then surely each of these countries would have grown faster and enjoy better public services than anywhere in England.  The problem with this argument is that mayoral devolution to cities…

“The under-covered angle is that this metric is documenting the end of the exchange-custody era,” Ben Nadareski, CEO of Solstice, said. The bigger story may not be lower exchange balances themselves, but where those assets are moving to.“Assets are leaving trading venues for two destinations: regulated custody on one side, productive onchain positions on the other,” he said.Moreover, the argument that bull runs always follow a steady decline in exchange balance is not necessarily true. For instance, in 2022, the supply on exchanges remained low, yet prices crashed hard.HODLing is realWhile the indicator may not be as dependable as before,…

LONDON: Global hedge funds delivered their strongest first-half performance since 2013, data from hedge fund data firm PivotalPath showed, as healthcare, tech and energy trades lifted returns in volatile markets.In particular, April – when hedge funds returned 3.7% in one month – proved to be the strongest April on record, the PivotalPath data showed.Stock-trading hedge funds finished June with double-digit returns for the year so far, aided by their ability to successfully navigate already crowded trades, according to a Goldman Sachs client note that was seen by Reuters on Thursday.Stockpickers returned 4% last month, said the Goldman note from Wednesday.…

ContentOpinionUK Businesses Are Overlooking A Growing Infrastructure Risk Beneath Their Feet 09 July 2026  The UK’s drainage infrastructure is under mounting pressure from age, demand and neglect. Much of the network is still rooted in Victorian-era design and is now expected to support modern buildings and usage it was never built for. For businesses, that creates a growing but largely unrecognised infrastructure risk, one that sits beneath buildings, out of sight, until failures force it into view. According to Lee Carlin, Group CEO of drainage and plumbing service partner LDF Group, the issue is structural. “If you strip it right back,…

“Great-Gatsby-Map” Shows Regional Differences The study also documents significant regional differences within Europe. Regions with low educational mobility are also characterised by high educational inequality – a pattern known in the context of income as the “Great-Gatsby-Curve”. The study presents this pattern for the first time in the form of a “Great-Gatsby-Map” for Europe. Educational mobility is particularly low in Southern and Eastern Europe, while Northern and Central Europe tend to show lower inequality both within and between generations. At the same time, however, there are also clear regional differences within individual countries. The study further shows that the relationship…

Yuga Labs has completed a whitehat rescue operation after an exploit in Flooring Protocol placed several high-value NFTs at risk. Summary Yuga Labs rescued 68 NFTs after Flooring Protocol’s exploit exposed high-value collections to theft. The saved assets included BAYC, MAYC, CryptoPunks, Azuki, Moonbird, Doodles and other NFTs. Flooring Protocol’s architect said aggressive bit-level code helped hide the vulnerability from security reviews. Yuga Labs CEO Michael Figge said the assets are now in the company’s custody. The rescued NFTs include 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird and 2…

Harry Styles receives prestigious Blue Peter Gold Badge in recognition of his musical career following record-breaking Wembley run – “This might be my proudest achievement” BBC Source link

AA REIT to buy Perth freehold industrial site for $38.43m Singapore Business Review Source link

A Flooring Protocol exploit let an attacker turn a small amount of wrapped ETH▲$1,761.17 into a near-infinite token balance and drain NFT pools. A bug in Flooring Protocol, an NFT liquidity platform where users lock NFTs and trade tokens tied to those assets, let attackers drain pool assets before Yuga Labs, the company behind Bored Ape Yacht Club, stepped in to rescue dozens of still-exposed NFTs. Michael Figge, chief executive officer of Yuga Labs, said in an X post on Monday that the company had completed a “whitehat operation” after an exploit was found in Flooring Protocol. We’ve just finished…