May 15, 2025

Funds

Funds

Founder of Clare nonprofit charged, accused of misusing state grant funds

CLARE, Mich. (WNEM) – The founder of a nonprofit in Clare was charged with multiple felonies related to his management of a grant awarded to his organization. The Michigan Attorney General’s Office said in 2023, the state budget included a $25 million appropriation for a “community health campus pilot project.” David Coker Jr., 51, of

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Stability over hype: Large cap funds lead investor flow with 647% annual surge

Large cap mutual funds continue to be a preferred choice among investors—even during market corrections—owing to their perceived stability and exposure to fundamentally strong, blue-chip companies.  The latest data from AMFI shows a 3.2% decrease in net inflows into equity mutual funds in April, totaling Rs 24,269.26 crore. Investor sentiment within the equity mutual fund

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Funds

Harvard braces for deep cuts as Trump administration freezes more federal funds

Harvard University is preparing for steep budget cuts and program suspensions as the federal government continues to target the Ivy League school. The Trump administration has now frozen close to $3 billion in federal funding to Harvard, with the latest round of cuts coming alongside stop work orders on some federally funded projects. In a

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Investing in global funds offer hedge, diversification and access to growth sectors, say experts

In today’s volatile markets, both in India and abroad, global investing has become more than just an option—it’s an important strategy for long-term wealth creation. According to Niranjan Avasthi, Senior Vice President at Edelweiss Mutual Fund, “If you want winning markets in your portfolio, you need to invest beyond India.” He points out that while

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Funds

Habitat for Humanity raises funds to build new homes in Medina County

MEDINA, Ohio — Habitat for Humanity of Medina County has built 54 safe, decent and affordable homes since 1995. That means that 54 individuals or families have been offered hope for the future. That also means that the need for funding and volunteer help to build more homes remains. On May 8, 170 guests gathered

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Funds

How to think about debt funds in client portfolios

Many investors take the view that bonds exist in a portfolio to dampen volatility and to perform well when equity markets are roiled. Such an outlook faced an existential threat in 2022, as rapidly rising interest rates led to drops in both equity and bond markets.  The chart below shows the story of 2025 to

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Funds

20 Democratic attorneys general sue Trump administration over conditions placed on federal funds

On April 24, states received letters from the Department of Transportation stating that they must cooperate on immigration efforts and eliminate diversity, equity and inclusion programs or risk losing funds. New Jersey Attorney General Matthew Platkin criticized the timing of Duffy’s letter when Newark’s airport struggles with radar outages and other issues. ”I wish the

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Funds

20 states sue Trump administration over conditions on federal transportation, disaster-relief funds

A coalition of 20 state Democratic attorneys general filed two federal lawsuits on Tuesday, claiming that the Trump administration is threatening to withhold billions of dollars in transportation and disaster-relief funds unless states agree to certain immigration enforcement actions. According to the complaints, both Secretary of Homeland Security Kristi Noem and Transportation Secretary Sean Duffy

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Funds

Neronha co-leads lawsuits against DHS, DOT for illegal conditions placed in federal funds

(WJAR) — Rhode Island Attorney General Peter Neronha announced he is co-leading a coalition of attorneys general in two lawsuits against the Trump administration agencies. According to Neronha, the lawsuit claims the administration is illegally imposing immigration conditions on billions of federal funding appropriated by Congress to support emergency services and infrastructure projects. The coalition

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Funds

Pension funds resist Reeves’ ‘backstop’ plan to force UK investment

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Rachel Reeves faced resistance from pension funds on Tuesday over plans that would give ministers a “backstop” power to force them to honour a new voluntary pact to invest up to £50bn in private assets.

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