asset manager

FPI outflows: ETMarkets Fund Manager Talk: This asset manager shares contra view, sees $30-40 bn FPI outflows in second half of 2024

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FPI outflows: ETMarkets Fund Manager Talk: This asset manager shares contra view, sees -40 bn FPI outflows in second half of 2024

At a time when several money managers are foreseeing buoyant foreign capital inflows into Indian equities in 2024, here’s an asset manager taking a contra view and expecting major outflows from FIIs in the second half of the year. “So, there could be FII outflows to the tune of maybe about $30-40 billion in the … Read more

Invesco raises Swiggy’s valuation to $8.3 billion

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Invesco raises Swiggy’s valuation to .3 billion

MUMBAI: In a boost for Swiggy, its US-based investor Invesco has yet again marked up the startup’s valuation. Regulatory filings made with the US Securities and Exchange Commission showed that the asset manager valued the food delivery company at about $8.3 billion as of October 31, 2023. This is higher than the valuation of $7.8 … Read more