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Edelweiss Asset Management Limited (EAMC/EMF)One of India's fastest growing asset management companies, Edelweiss Business Cycle FundThis innovative open-ended equity scheme will be open for subscription from 9 July 2024 to 23 July 2024 and is designed to leverage business cycles to effectively capture market opportunities. New investment opportunities Edelweiss Business Cycle Fund deploys a sophisticated investment strategy that focuses on the dynamic nature of business cycles. The fund employs a factor-based approach that aims to create three distinct baskets of stocks representing quality, growth and value. This diversification strategy helps to minimise the cyclical risk associated with a single factor.…

Valerie Brown, Executive Director Greater Williamson Road Area Business Association He said this is the first time the association's board has been full since he took over five years ago.”This brings more voices to the table, more insights, more experiences, more perspectives,” Brown said. In the past two months, current board members have elected five new members to fill three vacancies and replace two who have retired, expanding the board to 15 members.The directors and their employers or company affiliations are: Dayal Bhagat, CMIT SolutionJonathan Bobby, Sam's ClubBrad Boettcher, Roanoke Economic Development Authority; Brittany Schultz Moore, Roanoke Mechanical Heating and…

Source: Unsplash/Akshay Chauhan If you're on a Telstra business SIM plan, we've got bad news for you: the telco's new price increases will affect all business plans, resulting in a price increase of between $3 and $4. Telstra has announced that it will increase the prices of its postpaid plans from August 27th, followed by an increase in the prices of its prepaid plans from October 22nd. How much does Telstra's business plan cost? The price changes also include business plans, which will see an increase of 4.2% to 4.8% depending on the plan you subscribe to. The Basic plan…

The number of people enrolled in the Job Seeker Workforce Readiness Program increased by 13,668 in May from a year ago. File photo. photograph: 123RF Enrolment in the JobSeeker Employment Preparedness Benefit has increased by nearly 4,500 since early May, and more dire data on the situation of domestic businesses could be a harbinger of further job losses. Statistics New Zealand released data last week showing that non-financial businesses spent more than they earned in the March quarter, a continuation of a trend seen in four of the past five quarters. The calculation includes non-cash factors such as depreciation, but…

The pandemic has caused unprecedented global change, the effects of which will be felt for a long time to come, especially as it relates to work, productivity and workplace dynamics. Remote work emerged as an opportunity to adapt and provided solace to businesses trying to navigate an uncertain new environment. Its appeal is undeniable: it allows employees to swap their office desks for home offices and protect themselves from the spread of COVID-19. Remote work became a preventative measure for the majority of employees, and many business leaders chose to adopt it as a permanent work policy. However, many organizations…

IMARC Group's report “WPC Foam Board Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Material, Investment Opportunities, Cost & Revenue” offers a comprehensive guide to setting up a WPC Foam Board manufacturing plant. The report covers various aspects ranging from a broad market overview to intricate details such as unit operations, raw material & utility requirements, infrastructure needs, machinery requirements, manpower needs, packaging, transportation requirements, and more.In addition to the operational aspects, the report also offers detailed insights into the setup cost, process, and project economics of a WPC foam board manufacturing plant, covering crucial aspects like…

4 min read Last Update: July 9, 2024 | 1:40 pm IST Edelweiss Mutual Fund has launched a new equity scheme, Edelweiss Business Cycle Fund. Open for subscription from July 9 to July 23, 2024, the open-ended fund aims to capitalise on market opportunities through a unique business cycle-based investment strategy. What is a Business Cycle Fund? Unlike traditional mutual funds that focus on a particular sector or market capitalization, business cycle funds aim to adjust their holdings based on the different phases of the economic cycle. Economies go through periods of expansion (growth) and contraction. Business cycle funds…

Edelweiss Mutual Fund has launched a new equity scheme, Edelweiss Business Cycle Fund. Open for subscription from July 9 to July 23, 2024, the open-ended fund aims to capitalise on market opportunities through a unique business cycle-based investment strategy. What is a Business Cycle Fund? Click here to connect with us on WhatsApp Unlike traditional mutual funds that focus on a particular sector or market capitalization, business cycle funds aim to adjust their holdings based on the different phases of the economic cycle. Economies go through periods of expansion (growth) and contraction. Business cycle funds identify these phases and invest…

Get your free copy of Editor's DigestFT editor Roula Khalaf picks her favourite stories in this weekly newsletter.Thames Water has pledged to raise new capital and has asked financial regulator Ofwat to agree a business plan that will make the company “investable”.The company, which provides water and sewerage services to around 16 million homes, has been fighting for the past year to prevent bankruptcy and temporary nationalisation.Reporting annual results on Tuesday, chief executive Chris Weston said the company continued to believe that “market-led solutions that enhance financial resilience are in the best interests of all stakeholders, but this is dependent…

Edelweiss Asset Management Limited (EAMC/EMF), one of India's fastest growing asset management firms, has launched Edelweiss Business Cycle Fund. The new open-ended equity scheme, which will be open from 9 July 2024 to 23 July 2024, has a business cycle based investment theme designed to effectively capture market opportunities. Edelweiss Business Cycle Fund employs factor investing This approach creates three baskets representing quality, growth, and value stocks: By diversifying across these baskets, the fund minimizes single-factor cyclicality. Within each basket, the fund will select stocks with the most momentum to form a diversified portfolio of 50-60 stocks. The fund will…