June 20, 2025

Funds

Funds

Why passive funds are a smart way to build wealth

What exactly are passive funds? Simply put, passive funds, primarily index funds and Exchange Traded Funds (ETFs), aim to replicate the performance of a specific market index, like the Nifty50 or the Sensex. “Instead of a fund manager actively picking stocks, passive funds buy the same stocks in the same proportions as the index they

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Funds

Duxbury parade raises funds for free camp for grieving kids

Two weekends a year, Comfort Zone Camp comes to Massachusetts. Dozens of kids took part in June on Cape Cod.Senior regional director Krista Koppe said the next weekend held locally will be in September.”We provide weekend grief camps where kids get to learn how to cope and heal after a family member has died,” she

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Funds

SWISS Banks: Funds linked to Bangladesh hit 3-year high

Bangladeshi-linked funds parked in Swiss banks surged to 589.5 million Swiss francs, or about Tk 8,800 crore, in 2024, their highest level in three years, according to data released by the Swiss National Bank (SNB) yesterday. The sharp rise, which marked a stark reversal after two years of steep decline, coincided with a tumultuous political

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Funds

Why Erie City Council changed course to fund Miller Bros. roof repairs

Council members made it clear to Mayor Joe Schember’s administration they did not want to use the city’s nearly $17 million Water Reserve Fund for the repairs. City of Erie sees plenty of possibilities at former Miller Bros. property Here’s a quick look at the expansive basement in the former Miller Bros. Power Equipment property,

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Funds

Ombudsman directs VP Sara, 9 others to answer confidential funds raps

The Office of the Ombudsman has directed Vice President Sara Duterte and nine others from the Department of Education and Office of the Vice President to respond to the charges filed by the House of Representatives in connection with the alleged misuse of confidential funds.  In an order issued on Thursday and furnished to GMA

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Funds

How To Gift Funds In Retirement Like Warren Buffett

How can you gift funds in retirement like Warren Buffett? (Photo by Bonnie Schiffman) Getty Images Warren Buffett isn’t just known for his investing acumen—he’s also a model for thoughtful giving. For retirees considering how to share their wealth, Buffett’s approach offers valuable lessons. Gifting funds in retirement, when done strategically, can support loved ones

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Funds

Questions Swirl As Oregon Legislature Passes $800 Million MLB Ballpark Funds

Rendering of a possible waterfront ballpark south of downtown Portland. Portland Diamond Project The Oregon Legislature signed off on a bill that would cap funding at $800 million for a potential Major League ballpark in Portland. With total costs likely to be at or exceeding $2 billion, and additional expansion fees, many outstanding questions remain

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Funds

New Self-Employment Tax Risks For U.S. Investors In Global Funds

A new Tax Court ruling is a warning for U.S. limited partners in global funds, imposing new … More self-employment (SECA) tax risks. U.S. limited partners in foreign funds like Cayman or Luxembourg partnerships must ensure passive roles to avoid costly SECA tax liabilities. getty The U.S. Tax Court decided Soroban Capital Partners LP v.

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Funds

GovRecover Reaches $16.2M in Forgotten Funds Recovered, Disrupting One of America’s Most Overlooked Financial Gaps-One Dollar at a Time

Georgia-Based Startup is Redefining How Everyday Americans Reclaim Forgotten Assets from Institutions That Lost Touch ATLANTA, GA / ACCESS Newswire / June 17, 2025 / GovRecover, a licensed, tech-enabled asset recovery service, announced today it has surpassed $16.2 million in recovered funds-less than a year after its founding in June 2024. Making a meaningful difference

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