“We’re a little bit late to the party with this ETF launch, probably about two to three years, in my opinion… We are not momentum managers, like every other fundamental manager is buying memory compute six months ago. And believe it or not, they’re blowing up in front of us right now. I know it….
Follow Fresnillo plc (FNLPF) Q2 2026 Earnings Call August 4, 2026 4:00 AM EDT Company Participants Daniel Diezas – Chief Operating Officer of Northern RegionMario Arreguín – Chief Financial OfficerOctavio Alvidréz – Chief Executive Officer Conference Call Participants Jason Fairclough – BofA Securities, Research DivisionRichard Hatch – Joh. Berenberg, Gossler & Co. KG, Research DivisionAlain…
Since taking the reins at Berkshire Hathaway (BRKA +0.21%) (BRKB +0.31%), Greg Abel has been busy reshaping the conglomerate’s stock portfolio. He trimmed the enormous Apple stake, built a large position in Alphabet, and closed out more than a dozen smaller holdings. Yet one corner of the empire he has left almost entirely alone is energy. Coming…
Regulators have long recognized a simple truth: diversification matters. That is why funds and ETFs operate under rules designed to prevent excessive issuer concentration. Under the Investment Company Act of 1940, a “diversified” fund generally must keep 75% of its assets in cash, government securities, other investment companies, and securities where no single issuer represents…
Union Minister of Finance Nirmala Sitharaman tabled the Taxation and Other Laws (Amendment) Bill, 2026, in Lok Sabha on 4 August (Tuesday). News agency PTI reported that the legislation seeks to replace the Income-tax (Amendment) Ordinance, 2026, and proposes a series of amendments to the Payment and Settlement Systems Act, 2007; the Income-tax Act, 2025;…
Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again.
Specialist bridging and development finance lender Pallas Capital has recruited Darren Rix has its head of credit risk, bringing 37 years of banking experience to the role. Rix’s work history includes 28 years in retail banking across corporate real estate and credit risk, through senior roles at Barclays, Bank of Scotland and Santander. He then led a project…
The UK’s Financial Conduct Authority (FCA) has finalised a set of rules aimed at making transaction reporting requirements simpler, smarter and more proportionate for firms, with the changes expected to save industry more than £100m a year. Transaction reports remain central to the FCA’s ability to detect market abuse, monitor market functioning and supervise firms….
If India were to recognise prenups, it should do so through a framework suited to its own legal system rather than by importing foreign models. Any legislation would need to mandate complete financial disclosure, independent legal advice, adequate time for consideration and pre-marital counselling. Equally important, it must preserve non-negotiable statutory protections. A spouse’s legal…
Arena’s CEO says his company has encountered job applicants who seem too good to be true — literally. Anastasios Angelopoulos said that the AI-model evaluation company he cofounded has interviewed candidates who turned out to be AI rather than real people. “They’re passing all of our technical interviews,” Angelopoulos said in an interview on the…