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Know Now from Mutual Funds/ETFs

Top News Stories compiled from authoritative sources to keep you in the Know. Now!

PayTM mutual funds have garnered a five million waitlist

2018-08-07T08:40:19+00:00

Paytm, the payments giant in India has garnered a prelaunch waitlist of 5 million users, according to media reports.  Many companies would die to get to five million consumers in their lifetime.  But it seems Paytm, the giant payments system in a country of 1.5 billion, has no trouble signing [...]

The ETF Pioneer Struggles

2018-07-30T05:36:38+00:00

State Street Bank, the ETF pioneer struggles in the market it virtually invented. As per the Morning Star report, the firm reports as many outflows in dollar terms as inflows into its massive $640 billion ETF assets. This places State Street in the third spot. WSJ attributes its to lower costs [...]