Other People's Money and Ideas
Desperate for funds, mutual fund companies have become frantic. High stock prices late last year and in January this year encouraged them to launch many new schemes. Sadly, they lack the imagination and fund management skills to differentiate one idea from the other. Not surprisingly, their desperation to raise more money is only matched by their anxiety to copy each other’s...
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IPO DEBACLE & RPL’s BONUS - II

After RPL, Wockhardt and EMAAR MGF, investors will be more than cautious before taking a plunge into the primary market, at least in the near future. Everyone thought they will be making huge money in RPL but the way it traded on the opening day was shocking. When a construction legend like EMAAR MGF had to back out from their money-raising mission, despite investing huge amount in marketing...

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Need Help

I am seeking your help as a subscriber to MoneyLIFE. I have received a letter from UTI MF titled ‘Alternate Product offered in lieu of UTI SCUP’, their option form, my account-statement-cum-redemption form, and application form from New India Assurance Co Ltd. These have been delivered well after the last date for exercising the option. I have not sent them the option form. I have also not...

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