The reason for tilting towards passive funds could be that they are easy to understand and cost-effective. New Delhi : After filing papers for over 10 new schemes with Sebi last month, Sachin Bansal-backed Navi Mutual Fund has filed draft documents for four more funds, including an electric vehicles fund. Most of the documents have […]
Old Mutual Fund Says South Africa Needs Gas as a Transition Fuel
A key funder of South Africa’s renewable energy drive is backing natural gas as the fuel needed to help the country bridge the transition from coal power generation to the use of wind and solar. Old Mutual Ltd.’s African Infrastructure Investment Managers will consider funding companies that compete for the right to produce 3,000 megawatts […]
Old Mutual fund acquires majority of 5-MW solar farm in Namibia
South Africa-based insurer Old Mutual Ltd (JSE:OMU) last week announced the purchase of a majority stake in a 5-MW solar farm in Namibia through an infrastructure fund it manages. Old Mutual Investment Group (Namibia) (Pty) Ltd, the insurer’s asset management arm in the country, partnered on the deal with independent power producer Sturdee Energy, which […]
Kotak Mahindra Mutual Fund Launches Kotak ESG Opportunities Fund
There is a slew of EGG funds that are being launched by the Indian mutual fund industry recently. From the start of the year, almost four fund houses have launched ESG dedicated fund. Kotak Mahindra Asset Management Company Limited (KMAMC) is the latest one to join the race. KMAMC has today announced the launch […]
