This month marks one year since Franklin Templeton closed the doors on six of its fixed income schemes. In this blog for Finesse, we are going to look at exactly what happened. This blog is divided into five parts: Introduction to Franklin Templeton What happened? What went wrong? Who is…
The resurgence in Covid cases has once again triggered Covid trades. Investors are going back to what worked last year in the markets during the outbreak and lockdown. This seems the easiest thing to do. But one can’t be sure that this is the smartest thing. The way societies respond…
The sharp upswing in the dollar and the resulting softening of the rupee has set the context for another phase of volatility. If the exchange rates continue with this trend, exporting industries will benefit significantly. But, the commodity consuming companies and importers are heading for some rather testing times. The situation…
Your payslip is more than just a breakup of your salary. Did you know that understanding how your payslip is structured could highlight regions where you could save on taxes? Did that catch your attention? We have worked with so many people who found themselves in a sticky situation leading…
A roller-coaster financial year can either leave you all pumped up or all drained down. Where the markets end up in a financial year relative to the start unduly influences your mindstate. The overwhelming mood seems upbeat given the obvious influence of where markets closed the financial year. Recency bias…
Buckle up! 2021 is going to be a bumpy ride. If you haven’t noticed the volatility in your fixed income portfolios yet, it’s only a matter of time before it begins to worry you. No one is willing to talk about the fact that returns will be low and yet…
A week back, the Suez canal was just another place at the back of your mind. Today, we know that at least 50 ships pass through it every day. The Suez Canal facilitates 12% of global trade. The cost of a blockage is pegged at $400 million per hour. That’s…
Akash Natarajan and Ananya Viswanathan, a young power couple in their mid-thirties. Akash’s days are consumed by performing heart surgeries in the operation theatre. Meanwhile, Ananya spends her time preparing arguments for her legal cases. Their careers are taking off and while they’ve already tasted success, they know the best…
A much-ignored data point in all this equity market euphoria is the steady rise of global bond yields since August 2020. Globally, yields have moved up nearly 40 bps (0.4%). That number may not seem alarming in itself. Unlike equity, bonds are considered to be stable investments. So, there is…
The cryptocurrency craze that took winds a few years ago has now turned into a storm. Without much legitimacy beyond trading, this is almost becoming something between an asset class and a default currency to an entire generation of investors. The merit of this movement and the future of the…
Real Estate holds a special place in our hearts. For most of us owning a house has become a dream. And when it comes to buying a second house, we look for something bigger and better than the first. Most people think of buying a second house as a form…
The commodity rally is now in a very interesting place. Key OPEC members refused to provide more oil by maintaining production cuts. Across industries, there’s a shortage of raw materials. The price of almost every commodity is rising. User industries are struggling in this environment. If these prices hold even…