A rather eventful year draws to a tiring close. Investors have mostly been wrong in their market predictions of 2019. Their return expectations have been rooted in belief in most asset classes. 2019 was one of those years where the equity and debt markets seem to have optically done great,…
What is a Portfolio Management Service? Portfolio management services typically constitute a model wherein the fund manager manages investors’ money and charges a fee for the same. Portfolio management services can be discretionary or non-discretionary. In discretionary portfolio management services, the fund manager has the final decision-making authority on stock…
At weddings, Indian families want to showcase their socio-economic status. No wonder Indians spend over Rs. 1 Lakh Crores annually on weddings. Making well-informed decisions for your wedding expenses could save you a few lakhs of rupees. We have seen many instances where the bride and the groom end up…
Flows decide sentiment. There are two components to flows – domestic and foreign. FIIs are always usually leaders in determining the direction of flows. They lead and domestic investors follow. So, the market takes cues from FII flow patterns. When foreigners decide to invest more money into a market, they impact…
What is a premortem? We’re all familiar with the concept of a postmortem. Essentially, a postmortem analyses events after they occur. Postmortems are excellent teachers – they highlight what went wrong and why. So, they fill us with food for thought and ensure that we don’t repeat mistakes. However, some…
The UK election results are out, proclaiming Boris Johnson’s conservative party as the victor. This victory indicates a strong pro-Brexit sentiment amongst voters. But Britain’s divorce from the EU is riddled with complexities. For instance, Scotland may seek an independence referendum again. Theresa May’s efforts earlier this year are a…
Disclaimer: Kairos is a podcast on financial planning, about doing the right thing at the right time. This audio content has been made available for informational and educational purposes only. Nothing contained in this audio shall constitute or be deemed to constitute advice. Always seek the advice of a professional…
Interest rates have been falling through this year. As the RBI’s monetary policy committee met last week, consensus was trying to decide on how much the interest rates would be cut. It arrived at a cut of 25 bps. The RBI decided not to reduce interest rates. Instead, it chose…
When bad news is expected, its arrival is likely to be a non-event. The news of poor GDP numbers for Q2 falls squarely in that category. But markets will always move ahead and start anticipating the next bit of news. This move significantly impacts sentiment. The market trend would reflect…
What should I say now about 2020? This question is on top of everyone’s mind. The minuscule minority who got their investment calls right in 2019 are certain that their investment style is the only way going forward. Those who haven’t got it right saw some green shoots last week.…
Every retiree recognizes that personal finance never sleeps. A retirement corpus requires regular rebalancing. The personal finance story goes on even after the paychecks stop. So, retirement is a break from work and not from managing money. Einstein was once known to have remarked that the hardest thing in the…
