Latest news with #MutualFund
Globe and Mail
4 hours ago
- Business
- Globe and Mail
Decision Notice - CIRO Sanctions Jagdish Chandane
TORONTO , /CNW/ - On May 22, 2025 , a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing pursuant to the Mutual Fund Dealer Rules and accepted a settlement agreement, with sanctions, between Enforcement Staff and Jagdish Chandane . Jagdish Chandane admitted to failing in his obligations regarding the proper execution of client account documents, resulting in the collection, possession, and use of pre-signed and altered client account forms. Pursuant to the settlement agreement, Jagdish Chandane agreed to a fine of $15,000 and costs of $2,500 . The Settlement Agreement is available at: Chandane, Jagdish – Settlement Agreement The hearing panel's decision will be made available at At all material times, Jagdish Chandane conducted business with Investia Financial Services Inc. in the Oakville, Ontario area. Jagdish Chandane is currently active in the industry as a dealing representative with Investia Financial Services Inc. The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit All information about disciplinary proceedings relating to current and former member firms and individual registrants under the Investment Dealer and Partially Consolidated Rules (for investment dealers), the Mutual Fund Dealer Rules (for mutual fund dealers) and the Universal Market Integrity Rules (UMIR) is available on CIRO's website. Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service. Information on how to make dealer, advisor or marketplace-related complaints is available by calling 1-877-442-4322. CIRO investigates possible misconduct by its member firms and individual registrants. It can bring disciplinary proceedings which may result in sanctions including fines, suspensions, permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms.
Yahoo
2 days ago
- Business
- Yahoo
DALBAR's Latest Investor Behavior Research Reveals Continued Outperformance by Variable Annuity Investors
MARLBOROUGH, Mass., June 4, 2025 /PRNewswire/ -- DALBAR has released the newest edition of its renowned Quantitative Analysis of Investor Behavior – Variable Annuities (QAIB-VA) report. The annual study examines how investor behavior influenced returns within variable annuities in 2024, delivering essential findings for financial professionals and investors alike. Built on the foundation of DALBAR's industry-leading QAIB research, the QAIB-VA report applies the same behavioral analysis to variable annuity investors. Key Findings Include: The Average Equity Subaccount Investor gained 19.60% in 2024, once again outperforming the Average Equity Mutual Fund Investor, who gained 16.54%, a difference of 3.06%. Retention rates also remained higher for the Average Equity Subaccount Investor, at 5.23 years, compared to 4.79 years for the Average Equity Mutual Fund Investor. The full report is available now at DALBAR has a 49-year history and is recognized by the industry and government as an independent third-party expert in the business of providing audits, evaluations, ratings, and due diligence. DALBAR certifications are a hallmark of excellence in the financial services community. Media Contact: Emily Kunka617.624.7136ekunka@ View original content to download multimedia: SOURCE DALBAR, Inc. Sign in to access your portfolio
Time of India
4 days ago
- Business
- Time of India
HSBC Mutual Fund's new ad encourages to retire to more
HighlightsHSBC Mutual Fund's new investor education initiative, #RetireToMore, encourages Indians to view retirement as a new beginning rather than the end of their professional journey. According to the HSBC Quality of Life report, 40% of affluent individuals feel unprepared for retirement planning, and nearly 58% plan to work post-retirement, often out of necessity. The #RetireToMore campaign includes three short digital films focusing on life, passion, and freedom, illustrating how retirement can be a time of rediscovery with early financial planning through Systematic Investment Plans. Retirement is often perceived as the end of one's professional journey. But the new investor education initiative from HSBC Mutual Fund #RetireToMore , challenges that notion — urging Indians to see retirement as a new beginning, filled with more life, passion and freedom. According to the HSBC Quality of Life report on retirement planning , 4 in 10 affluent individuals across all generations feel unprepared for their retirement planning, despite nearly 8 in 10 knowing what they need to retire. Nearly 58 per cent plan to work post-retirement, not always by choice, but often out of necessity. While the average retirement savings needed in India is nearly USD 0.39 mn. The above data brings out one clear message that 'Retirement isn't a choice, Planning for it is!' To drive this message home, HSBC Mutual Fund has launched #RetireToMore — a 360°, emotionally resonant campaign that positions Systematic Investment Plans ( SIPs ) as a simple, disciplined and powerful route to building long-term wealth and securing a comfortable retirement. Targeted at working individuals between 30 to 45 years of age, the #RetireToMore campaign is a series of three short digital films, each film focusing on three different aspects – life, passion and freedom respectively. Each narrative reflects the heart of the campaign: Retirement can be a time of rediscovery, provided one begins planning early. The first film portrays a former corporate executive who now pursues her passion as a classical dancer. The second film features a retired couple savouring the sunrise sitting at a high altitude on a cliff And the third film showcases a banker who reinvents himself as a baker. Talking about the campaign, Kailash Kulkarni, chief executive officer, HSBC Mutual Fund, said, 'Through our #RetireToMore campaign, we want to make people realise that retirement is not the end, but the beginning of a new chapter in life. And to fully enjoy this phase, one needs smart financial planning through disciplined investment in SIPs. We are confident in driving this message with our relatable films.' The #RetireToMore campaign will be rolled out across social media platforms, including YouTube, Instagram, Facebook, and LinkedIn, with special attention to regional languages. Other channels to boost visibility include metro and bus branding, outdoor hoardings, and OTT platforms.
Economic Times
26-04-2025
- Business
- Economic Times
Gold's record-breaking surge likely to face headwinds as analysts advise caution
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Gold prices have rallied sharply in 2025, scaling historic highs amid a confluence of supportive factors such as central bank purchases, persistent inflationary concerns, and escalating geopolitical tensions. The precious metal briefly touched $3,500 per ounce three days ago, marking a stunning year-to-date (YTD) gain of 32%, before paring some gains to a YTD increase of 26% as of surge has been driven by a mix of factors. Central banks globally have accelerated their gold buying, partly as a hedge against a weakening dollar and inflation risks. Meanwhile, heightened global uncertainties, from trade disputes to regional conflicts, have strengthened gold's appeal as a safe-haven market experts are beginning to sound a note of caution after the metal's blistering Kothari, Managing Director of RiddiSiddhi Bullions, warned that "gold may be showing early indications of weakness following its tremendous surge to record highs." While he affirmed that long-term fundamentals remain robust—"driven by central bank purchases, inflation fears, and geopolitical tensions"—he pointed out that "short-term momentum may stall."According to Kothari, "All of the negative news from the tariff war and forecasts of U.S. rate cuts have already been priced in, limiting any upside unless new catalysts materialize." He added, "If economic data improves or geopolitical threats diminish, gold may suffer pressure."Nevertheless, he tempered the caution by stating that it is too early to proclaim a major reversal—any drop could simply be a pause in a longer-term bullish trend, and estimated that if there is no new trigger in the market for a while, prices may fall by 5-6%, reaching Rs 90,000 in the immediate Mutual Fund also recently highlighted the potential for short-term corrections, noting that "gold has surged more than 25% in the past six weeks, and historically, such sharp rallies tend to consolidate over a 3–5 month window."Sahil Shah, CIO and Fund Manager at Equirus Asset Management, echoed similar sentiments. Shah emphasized that "gold has undoubtedly been a standout performer in recent years, traditionally seen as a hedge against volatility."However, he pointed out a key shift in market dynamics: "Interestingly, the usual negative correlation between gold and equities has not held consistently, especially given increased central bank interest in gold as a reserve asset."Further explaining the macro backdrop, Shah said, "some central banks have refrained from adding USD reserves in recent times, shifting their focus toward gold."But with trade tensions expected to ease and negotiations likely to commence soon, he cautioned that if the US dollar regains its position as the preferred reserve currency, gold could stabilize or even retreat."In such a scenario, gold may underperform after a stellar run," Shah concluded. "Thus, while it remains an important part of a diversified portfolio, significant new allocations may need to be approached cautiously."While gold's long-term appeal as a hedge against uncertainty remains intact, analysts caution that the recent surge may be difficult to sustain without fresh catalysts. With signs of consolidation emerging and global economic dynamics shifting, investors are advised to remain vigilant and adopt a measured approach when considering new allocations to the precious metal.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
