Author: Charlotte

Morphic Ethical Equities Fund Limited (MEC), an Australian investment fund focused on responsible and ethical equity investing, has released its Net Tangible Asset (NTA) valuation as at 17 July 2026. The fund reported an estimated post-tax NTA of 1.3514 dollars per share, with a pre-tax NTA of 1.4354 dollars per share, against a closing share price of 1.245 dollars. The disclosure provides investors with a snapshot of the fund’s per-share asset backing and reflects the fund’s performance in a volatile equity market environment. Key Points Morphic Ethical Equities Fund Limited (ASX: MEC) is an Australian investment fund specialising in responsible…

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PETALING JAYA: The equity market is expected to extend gains for the rest of the year, underpinned by resilient economic growth, healthy corporate earnings, sustained foreign direct investment (FDI) into data centres (DCs) and relatively attractive valuations compared with regional peers.Moomoo Malaysia said while global investors continue to grapple with geopolitical tensions, tariff uncertainties and volatile oil prices, Malaysia remains well-positioned as one of the more defensive markets in the region.A spokesperson for the online investment platform said the FBM KLCI still has upside potential as the country’s strong macroeconomic fundamentals continue to support investor confidence.“Malaysia is in a sweet…

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NFTs (non-fungible tokens) and smart contracts are two of the most exciting blockchain technologies. Still, many don’t understand how the two concepts overlap. NFTs wouldn’t exist without smart contracts, and you can often look at an NFT smart contract as being one unit working for the same purposes. These smart contracts can be used in many ways to manage and enhance digital assets. If you want to know more about non-fungible tokens, start here by learning about their relationship with smart contracts. NFTs and smart contracts NFTs are digital assets, similar to cryptocurrency, and can be owned by only one…

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Every trading day asks the same question: will markets rise or fall relative to the median? Our analysis of more than 6,600 S&P 500 trading days using a Markov Chain model — methodology available upon request — finds that the odds of tomorrow being “Up” or “Down” have historically hovered near 50/50, regardless of the prior period’s result. In this data set, the market has shown no exploitable memory: no pattern in past returns has reliably predicted what comes next. That is a central reason market timing is so difficult to execute successfully, and why staying invested has historically rewarded…

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The calculation of the amount of property tax, other than land plots, on residential real estate objects owned by individuals is carried out by the controlling authority at the place of the tax address. The Main Department of the State Tax Service in the Zakarpattia region reminded that owners of residential and non-residential real estate can check the data specified in the tax notification-decision, in particular the area of the object, applied benefits, and the amount of accrued property tax, other than land plots. The tax base of the residential real estate object(s), including their shares, owned by an individual…

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AI is changing careers in quant finance, and not just for your average quant in a bank. Electronic trading firms and market makers have spent years hoovering up elite talent, and AI is making them even more productive. It might also make that same talent more likely to leave…Click here to join the bubble by eFinancialCareers, our new anonymous community. ✍️How do electronic trading firms use AI?AI is a broad field and quant firms have been using it for a long time. Machine learning tools like natural language processing (NLP) and computer vision have been used by quants for decades; they…

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The Singapore Exchange just made its most aggressive move yet to dominate Asia’s derivatives market. SGX signed a new licensing agreement with MSCI Inc. that will bring up to 100 new futures and options contracts to the exchange, covering everything from global developed-market benchmarks to sector-specific indexes across Emerging Market Asia. The initial phase alone will roll out roughly 40 contracts. What the deal actually covers The new contracts will span three broad categories: global developed-market benchmarks, Asia-Pacific single-country indexes, and Emerging Market Asia sector indexes. That’s a meaningful expansion from SGX’s existing MSCI product suite, which has historically focused…

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Lower Saxony Tax Court, judgement of 10 July 2025 – Ref. 5 K 26/24, final and binding.The parties involved are disputing the VAT treatment of trading in non-fungible tokens (NFTs). NFTs were also popular products on the crypto market last year because they offer artists the opportunity to make works of art available to a wide audience in a new way. NFTs are cryptographic tokens that are generated by a blockchain as a special type of distributed ledger technology (DLT) and are unique rather than interchangeable or fungible. An NFT can only be acquired as a whole and only exists…

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Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to J.P. Morgan Asset Management.The firm’s “Guide to ETFs,” which came out this month, finds it’s a top five theme by assets under management — even as volatility hit the group in the second quarter.”Many [themes] are morphing towards AI and the ecosystem surrounding AI,” Jon Maier, the firm’s chief ETF strategist, told CNBC’s “ETF Edge” this week.Maier, who led the insights team that published the report, also highlighted an overlapping relationship between AI-themed ETFs and infrastructure.”It’s all kind of feeding into the AI story…

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