Author: Charlotte

While the fixed income space in mutual funds (MFs) offers a whole range of investment options, the returns from schemes haven’t been spectacular in recent months. Though most fixed income categories that invest in the Indian debt market have given lacklustre performance, MF schemes that have exposure to US Treasury bonds emerged as the top performer among debt funds on the back of a weak rupee and stable returns from the US debt market.MFs that invest in international FoFs (Fund of Funds) with direct exposure to US Treasury bonds have gained 5.4% so far in 2026 and 14.4% over the…

Stockport-based sweet treat specialist Silver Apples Bakery has secured a new supply deal with speciality coffee group 92 Degrees. The partnership represents the latest stage of growth for the bakery business, which supplies independent cafés, hospitality venues and multi-site operators in the UK with the likes of cookies, muffins, traybakes, and cronuts. Since being co-founded by sisters Sarah Hanley and Kate Ward in 2008, Silver Apples has continued to expand its wholesale operations whilst maintaining a focus on handmade production and quality ingredients. It currently employs 14 staff members at its 3,500 sq ft facility on Waterloo Industrial Estate. The range being…

BAKU, Azerbaijan, June 16. Strong macroeconomic indices and stable investments boost the Azerbaijani economy, Azerbaijani Economy Minister Mikayil Jabbarov said at the event “Azerbaijan Investment Outlook Session” held within the framework of the Annual Meeting of the Islamic Development Bank (IsDB) Group in Baku, Trend’s correspondent reports from the event. According to him, Azerbaijan is not only a market with high potential, but also acts as a reliable regional platform where investment opportunities, ideas, and human capital meet. The minister noted that long-term investment is primarily built on trust and confidence. According to him, Azerbaijan offers a stable and sustainable…

Bitcoin’s BTC$66,557.83 drop below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with almost 260,000 BTC bought over 10 days and one measure of demand increasing to its highest possible level.Investors have bought a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to Glassnode UTXO Realized Price Distribution data. Glassnode’s Accumulation Trend Score by Wallet Cohort, which measures the relative strength of purchasing fervor based on both the size of buyers and the amount acquired over the previous 15 days, stands at 1.0, the top reading.Buying has been broad-based across wallet cohorts,…

Danish pharmaceutical giant Novo Nordisk A/S disclosed that it recently identified an IT security incident involving unauthorized access to a limited number of internal IT systems, resulting in exposure of certain personal data and external copying of non-public information. The company launched an investigation with assistance from external cybersecurity experts and is working with relevant authorities as it assesses the scope of the breach.  As part of its response, Novo Nordisk temporarily took certain internal systems offline and is gradually restoring them in a controlled manner. The company stated that its core business operations remain unaffected, though the incident affected…

German ZEW Survey – Economic Sentiment turns positive to 10.5 in June after remaining negative in May. The data was expected to come in better at -6.0 from the previous reading of -10.2.The ZEW Survey – Current Situation unexpectedly deteriorates to -81.0 from the previous reading of -77.8. It was expected to improve slightly to -77.5.In the Eurozone, the ZEW Survey – Economic Sentiment also turns positive. The sentiment data has arrived at 9.5, better than -7.2 estimates, and the prior release of -9.1.There has been no immediate response observed in the Euro (EUR), following the German data release. However, EUR/USD…

The bidder crowd around Pickles, Australia’s largest marketplace for used assets, is growing with at least one cashed-up buyer preparing to raise its paddle.Private capital juggernaut Blackstone is working on a tilt for the Apax Partners-owned asset, which was put on the auction block via Barrenjoey Capital Partners last month, said people involved in the mooted deal, who requested to remain anonymous.Loading… Source link

Morningstar has announced the signing of a multi-year licensing agreement that will allow CME Group to launch derivative products based on several of Morningstar’s flagship equity indexes, including the Morningstar US Total Market, Large Cap, Large Cap Value, Large Cap Growth, Mid Cap, and Small Cap indexes.CME Group will offer derivatives linked to Morningstar Market Indexes for the first time, as these benchmarks undergo rebranding following the integration of CRSP. This will enable clients to access derivatives tied to indexes that serve as benchmarks for more than $3 trillion in assets.The agreement will expand the range of investment and hedging…

As the crypto market steadies and enters its next growth phase in early 2026, investor focus is quietly shifting. After a volatile end to Q4 2025, fewer people are chasing hype, and more are asking a question: where does long-term value in crypto actually come from? That change in mindset has pushed the most promising new crypto tokens of Q1 2026 into sharper focus. Instead of looking for fast price spikes, investors are evaluating early-stage projects more carefully. They are looking to see whether the platform solves a real problem, whether the token has a clear role, and whether it…

News16.06.26by Stephen DelahuntyDavid Hill has been appointed as chief executive of the proposed Greater Cambridge Development Corporation.David Hill will take on the new role in SeptemberSharelinesSenior DEFRA director appointed chief executive of planned Greater Cambridge Development Corporation #UKhousing Mr Hill will take up the role at the development corporation in September 2026. The regeneration vehicle was announced in June and is intended to deliver thousands of homes for the Greater Cambridge region. It will have the ability to make planning decisions on schemes of at least 250 homes.  Mr Hill brings extensive senior experience from central government, including as interim permanent…