| India: With markets at peak, mutual fund redemptions surge: Report
August 23, 2024-Total Assets Under Management (AUM) for mutual funds in July 2024 increased by 40 per cent compared to the previous year, but redemptions surged by 61 per cent during the same period |
| Investment in mutual funds continues to grow month over month, but a recent trend shows a significant rise in redemptions as investors book profits with markets at their peak, narrowing the gap between investments and redemptions. According to the Axis Mutual Funds monthly data report, total Assets Under Management (AUM) for mutual funds in July 2024 increased by 40 per cent compared to the previous year, but redemptions surged by 61 per cent during the same period. |
| ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |