Latest news with #JM
Toronto Star
a day ago
- Politics
- Toronto Star
Ivory Coast's president announces bid for a fourth term after changing the constitution
FILE - Ivory Coast's President Alassane Ouattara arrives at the Seoul airport in Seongnam, South Korea, for the 2024 South Korea-Africa Summit, Sunday, June 2, 2024. (AP Photo/Lee Jin-man, file) JM flag wire: true flag sponsored: false article_type: : sWebsitePrimaryPublication : publications/toronto_star bHasMigratedAvatar : false :
Time of India
20-07-2025
- Business
- Time of India
Gold price prediction: Gold rate to go up? Here's what analysts say
Gold price is set to remain within the ceiling range as gold rate closed at $3,358.30 on Friday. There are multiple factors that will drive the bullion price in the upcoming days. Traders will closely watch Fed Chair Jerome Powell's speech and global PMI data from major economies, including the US, UK and Eurozone. The European Central Bank's interest rate decision will also be closely tracked for cues on the bullion price trajectory, analysts said. However, if some factors work in favour of gold price, gold rate will increase. With the August 1 deadline coming closer, uncertainty around trade talks is likely to support gold's safe-haven demand. Meanwhile, domestic festive demand from August to October is expected to further aid prices, Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. Explore courses from Top Institutes in Select a Course Category Leadership Data Science PGDM Public Policy Others Product Management Healthcare MBA Degree MCA Operations Management healthcare Project Management Artificial Intelligence Design Thinking Management others Technology Digital Marketing Data Analytics Finance Data Science Cybersecurity CXO Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details According to NS Ramaswamy, Head of Commodity & CRM at Ventura , "If the proper catalysts, such as weaker US dollar, geopolitical risks, robust investor demand, continued central bank purchases materialise, gold could gain another 4-8 per cent in the second half after a strong 26 per cent rise in the first half of 2025". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tummy Tuck Surgery In Indonesia Might Be Cheaper Than You Think Tummy Tuck Surgery | Search Ads Undo China's imports of gold extended declines for a second successive month in June, customs data showed on Sunday. The world's leading gold consumer brought in 63 metric tons of the precious metal last month, the lowest amount since January, data from the General Administration of Customs showed. The June volume was down 36.3 per cent from May when it slid by 21.3 per cent from an 11-month high of 125 metric tons in April. China's imports of platinum in June fell 6.1 per cent from the prior month, Reuters reported. FAQs Live Events Q1. How does Gold perform? A1. Gold thrives during economic uncertainty, and lower interest rates boost investor demand as it is a non-yielding asset. Q2. Is Donald Trump planning to fire Fed Chair Jerome Powell? A2. Earlier this week, U.S. President Donald Trump said he was not planning to fire Fed Chair Jerome Powell but left the option open and again criticized him for not cutting interest rates.
Time of India
20-07-2025
- Business
- Time of India
Gold may trade in tight range as investors eye US macro data, Fed Chair speech: Analysts
Gold prices are likely to remain range-bound in the coming week as investors await clarity on global trade negotiations , upcoming US macroeconomic data and signals from the Federal Reserve, analysts said. Traders will closely watch Fed Chair Jerome Powell's speech and global PMI data from major economies, including the US, UK and Eurozone. Explore courses from Top Institutes in Select a Course Category Technology Operations Management Product Management Degree Data Science healthcare Design Thinking Others others Management Digital Marketing Cybersecurity MCA Artificial Intelligence Public Policy CXO MBA Data Science Data Analytics Healthcare Finance Leadership PGDM Project Management Skills you'll gain: Duration: 12 Weeks MIT xPRO CERT-MIT XPRO Building AI Prod India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo The European Central Bank 's interest rate decision will also be closely tracked for cues on the bullion price trajectory, they said. Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said that in the week ahead, focus will remain on the trade negotiation outcome, Fed official speeches, US macro data , including housing market, weekly initial claims, and durable goods orders. "Gold prices are seen consolidating in a range over the past couple of weeks amid a lack of fresh triggers and recovery in the US Dollar in the given period," Mer said, adding that downside in bullion looks limited as focus remains on the trade negotiations between the US and its trading partners, such as India and China. Live Events With the August 1 deadline coming closer, uncertainty around trade talks is likely to support gold's safe-haven demand. Meanwhile, domestic festive demand from August to October is expected to further aid prices, he said. Last week, the precious metal futures for August delivery rose Rs 200 or 0.2 per cent on the Multi Commodity Exchange. Prathamesh Mallya, DVP-Research, Non-Agri Commodities and Currencies at Angel One, said gold has rallied by about 2 per cent over the past 10 days in the overseas markets, moving to around USD 3,350 per ounce. "The positive momentum in gold has been driven by the US President's tariff actions on BRICS nations and possible duties on the EU, increasing investor demand for safe-haven assets," he said. Jateen Trivedi, Analyst at LKP Securities, said, "US Dollar's strength last week kept gains in gold limited, rupee weakness is likely to cushion downside pressure in the domestic markets. Overall, gold is likely to remain volatile in the near term". According to NS Ramaswamy, Head of Commodity & CRM at Ventura , "If the proper catalysts, such as weaker US dollar, geopolitical risks, robust investor demand, continued central bank purchases materialise, gold could gain another 4-8 per cent in the second half after a strong 26 per cent rise in the first half of 2025". Last week, silver futures for September delivery hit a record high of Rs 1,15,136 per kilogram on the MCX. "Silver is maturing from the 'poor man's gold' to a strategic metal for smart investors. With supply deficits in the world deepening and demand from EVs, solar, and electronics increasing, fundamentals are in place for a major rally. "The gold-to-silver ratio of around 90X indicates space for dramatic catch-up. A weakening dollar, persistent inflation, and surging ETF flows are supporting silver's attractiveness," Sandip Raichura, CEO of Retail Broking and Distribution & Director, PL Capital - Prabhudas Lilladher, said.
Time of India
04-07-2025
- Business
- Time of India
NFO Update: JM Financial Mutual Fund launches large & mid cap fund
Live Events JM Financial Asset Management has launched JM Large & Mid Cap Fund, an open ended equity scheme investing in both large cap and mid cap stocks The new fund offer or NFO is open for subscription and will close on July 18. The investment objective of the scheme is to generate returns by investing in high quality growth stocks with superior management quality and corporate governance investible universe has been created by leveraging the in-house GeeQ (Growth of Earnings and Earnings Quality) and flexibility are cornerstones of the portfolio strategy of the scheme. Navigating seamlessly between large and midcap opportunities, the scheme aims to capture growth without compromising on risk management to deliver consistent performance in changing market conditions, according to a press release by the fund house.'We are excited to launch our Large & Midcap Fund - offering the size and stability of one of India's biggest companies and the vitality of emerging India's Midcap companies. We believe this blend is a unique opportunity to cover all aspects of the Indian economy offering growth and lower volatility. We are confident of India's growth opportunity and believe that the best is yet to come,' said Satish Ramanathan, Chief Investment Officer - Equity, JM Financial Asset Management.'Large Cap indices offer companies that are champions in their space with lower cost of capital and access to technology and market reach. The flip side is that profit growth soon aligns to the country's GDP growth. Midcap companies offer emerging sectors in auto ancillary, manufacturing, defence, quick service restaurants with a longer runway of growth. Our large and midcap fund will aim to capture the growth and stability offered by this asset class,' Ramanathan added.'With our new Large & Midcap Fund, we bring together the stability and resilience of blue-chip giants and the growth potential of emerging leaders. This isn't just another Scheme- it's a powerful blend of scale and rapid growth, designed to seize tomorrow's opportunities. The Indian equity markets are undergoing a period of heightened volatility, where a product which has a return profile closer to midcaps and the risk profile closer to large caps could offer investors a better experience. We are confident that our growth and quality focused investment philosophy, a disciplined and process driven investment approach and a seasoned equity fund management team could help us navigate these turbulent times and create a resilient portfolio which may enable wealth creation for investors,' said Asit Bhandarkar, Senior Fund Manager - Equity, JM Financial Asset Bhandarkar and Deepak Gupta are the fund managers for this fund. Ruchi Fozdar will oversee the Debt portion of JM Large & Midcap Fund.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
04-07-2025
- Business
- Business Standard
NFO alert! JM Financial MF launches Large & Midcap Fund; check details here
JM Large & Midcap Fund: JM Financial Mutual Fund has launched its JM Large & Midcap Fund, an open-ended equity scheme investing in both largecap and midcap stocks. The new fund offer (NFO) will open for public subscription today, July 4, 2025 and close on Friday, July 18, 2025. The scheme aims to generate long-term capital growth through investments in high-quality growth stocks with superior management quality and corporate governance standards. The fund house will use the in-house GeeQ (Growth of Earnings and Earnings Quality) model to find investible opportunities. The portfolio strategy of the scheme focuses on liquidity and flexibility. The fund will maintain a minimum 35 per cent allocation each in largecap and midcap stocks, with the remaining 30 per cent providing flexibility across market capitalisations. 'With our new Large and Midcap Fund, we bring together the stability and resilience of blue-chip giants and the growth potential of emerging leaders. This is not just another scheme- it is a powerful blend of scale and rapid growth, designed to seize tomorrow's opportunities," said Asit Bhandarkar, senior fund manager for equity at JM Financial Asset Management. According to Bhandarkar, the Indian equity markets are undergoing a period of heightened volatility, where a product which has a return profile closer to midcaps and the risk profile closer to large caps could offer investors a better experience. We are confident that our growth and quality-focused investment philosophy, a disciplined and process-driven investment approach and a seasoned equity fund management team could help us navigate these turbulent times and create a resilient portfolio which may enable wealth creation for investors,' he added. Asit Bhandarkar and Deepak Gupta are the fund manager and co-fund manager, respectively, for the scheme. According to SID, if the units are redeemed or switched out within 180 days from the day of allotment, an exit load of 1 per cent will be charged. However, no exit load will be charged if units are redeemed after 180 days from the date of allotment. According to the riskometer, the principal invested in the scheme will be at very high risk. JM Large and Mid Cap Fund: Who should invest? According to the SID, the product is suitable for investors seeking long-term wealth creation and capital appreciation by investing predominantly in equity & equity-related securities of large and midcap stocks. However, investors should consult their financial advisors if in doubt about whether the product is suitable for them.
