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
Indian money parked in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs (nearly Rs 37,600 crore) on the back of a huge jump in funds held through local branches and other financial institutions, annual data released by Switzerland’s central bank showed on Thursday. However, money in customer accounts of Indian clients
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
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
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,
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
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
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
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.
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