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Samco launches actively managed mutual fund

NEW DELHI : SAMCO, broker and distributor of mutual funds, has launched a mutual fund. According to Jimeet Modi, founder of SAMCO Mutual Fund, the fund’s USP will be active management, unlike “index hugging” that many actively managed funds follow. Modi pointed out the significant overlap between actively managed mutual …

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Measles cases disrupt Afghan refugee flights to US

The White House said the shutdown was recommended by the U.S. Centers for Disease Control and Prevention after the four cases of measles were diagnosed. “Operation Allies Welcome flights to the United States have been temporarily suspended at the request of the CDC and out of caution due to four …

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U.S. Coronavirus: Full FDA Approval for Pfizer / BioNTech Vaccine Likely to Increase Vaccination Rates, Experts Say

“This FDA approval cannot come too soon,” said Dr. Megan Ranney, emergency physician and associate dean at Brown University’s School of Public Health. “I cannot stress enough the importance of this on many fronts.” Because the vaccine has so far been distributed under emergency use authorization, granting full approval will …

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Oregon Gov. Kate Brown plans to restore mask tenure

Oregon is preparing to reinstate a statewide mandate, ordering vaccinated and unvaccinated people to use face coverings when gathering indoors, just the third state to do so. Governor Kate Brown of Oregon, a Democrat, said on Tuesday that she would officially announce the return of the mask’s tenure on Wednesday. …

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