Registrar and transfer agents Karvy Computershare and Computer Age Management Services (CAMS) have launched a webbased platform 'Finnet' to help mutual fund distributors provide services in a cost-effective manner by transacting on an integrated system. Finnet facilitates order placement, execution and customer service on an integrated system.
A stronger dollar or rising interest rates could derail the epic yellow metal mania Before you sell that last piece of jewellery, keep in mind that the gold price will not go up indefinitely. There are number of reasons why it might crash. If you're over weighted in gold or commodities, the warning is the same: A stronger dollar, strengthening US economy or rising interest rates could derail the epic yellow metal mania. Who knows? Congress could even reach an agreement to clear up its balance sheet and pay down its debt. What are the chances of any of this happening? It's beyond the limits of my minuscule, clouded crystal ball, which is about the size of a pin-head. Nevertheless, you should prepare your portfolio for any number of eventualities, which can be easily accomplished with exchange-traded funds. Gold is troublesome in my book because it really isn't an investment. It's a reserve currency of sorts that's heavily traded by institutional investor...
