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YOU WONT BELIEVE: Amcs | Mind Blowing Facts

AMFI simplifies mutual fund transmission process to make claim settlement easier for nominees

AMFI has simplified mutual fund transmission procedures for deceased unit holders. New measures consider address and name mismatches for smoother claims. Asset Management Companies will now rely on updated address details supported by documentation. A harmonized framework for name and signature discrepancies is also introduced. These updated guidelines are effective…

The Economic Times

Why getting a SWP death claim is not that simple for surviving spouses and why Sebi must ensure strict adherence

It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death claims, when the bereaved family expects empathy and handholding, and the funds to relieve them from the stress of having lost a loved one. Sebi should review the…

The Economic Times

Sebi allows mutual funds to use intraday borrowing to manage liquidity mismatches

Starting September 1, 2026, SEBI allows mutual funds to use intraday borrowing to manage short-term liquidity mismatches for payouts. Asset management companies must cover all borrowing costs, ensuring no financial risk is passed on to the scheme investors.

The Economic Times

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10 crore mutual fund investors, Rs 150 lakh crore AUM: Inside AMFI's massive 2030 roadmap

AMFI CEO Venkat N. Chalasani expects India's mutual fund industry to reach 10 crore investors and ₹150 lakh crore in AUM by 2030. He credited resilient SIP flows, rising B-30 participation, regulatory reforms and growing financial awareness for the industry's structural transformation.

The Economic Times

What’s the catch? Menus across Australia to show seafood’s country of origin

From 1 July, restaurants need to tell customers whether their fish and seafood was caught in Australia or overseas

The Guardian - AU

Angus Taylor dismisses Labor’s ‘half-arsed’ tweaks to CGT reform – as it happened

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The Guardian - AU

Sebi proposes consolidated disclosure norms for executive pay at AMCs

Sebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of executive pay and employee count. The regulator also suggested limited access to scheme-level fund manager remuneration details for investors to strengthen transparency and corporate governance.

The Economic Times

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Can you not? Plastic and metal ‘franken-can’ named Australia’s worst packaging at Unpackit awards

‘Completely unnecessary’ hybrid cans are not easily recycled or accepted by container refund schemes, and are already banned in WA

The Guardian - AU

Rising bond yields, oil prices keeping markets on edge; selective bets still emerging: Pankaj Pandey

Global markets are under pressure due to rising bond yields and geopolitical tensions. Higher crude oil prices are a key concern, potentially impacting sector margins. Investors are shifting towards defensive sectors like pharma and hospitals. Indian IT firms are seen as value picks, but growth concerns persist. Asset management companies…

The Economic Times

Recycling alone won’t limit the scourge of soft plastics in our everyday lives

What else can Australian households and individuals do to reduce their soft plastic waste?

The Guardian - AU

Threatened species and chips? Other fish frequently sold as flake, Australian study finds

Scalloped hammerhead and greeneye spurdog among at-risk shark discovered in genetic testing of fillets

The Guardian - AU

Net free fishing ban areas extended in Gulf

Fishing with gillnets will be prohibited in more areas of the Gulf of Carpentaria under reforms by the Queensland government that are set to be enforced.

AAP

Vexed social forestry planters in Prakasam district seek government intervention

Social forestry planters, who had been struggling to get a fair price for the subabul and eucalyptus logs for a long time, had a ray of hope when a noted integrated pulp, paper and paper board Mill from Erode in Tamil Nadu came to buy the logs for an attractive…

The Hindu

Plibersek's pledge for no new extinctions under threat as researchers issue dire warning on Tasmanian maugean skate

Researchers say Tanya Plibersek's pledge of no new extinctions is under serious threat as the only known population of an endangered ancient Tasmania ray continues to nosedive.

ABC News

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ABC News

Endangered species found dead on north Queensland beach prompts calls for gillnets ban in reef waters

A local living near the Great Barrier Reef has taken a series of photos showing the damaged carcasses of a range of sea creatures.

Bangkok Post

Banks still discussing JV-AMC feasibility

Banks remain interested in setting up joint venture asset management companies (JV-AMCs) as an option to manage their non-performing loans (NPLs).

Bangkok Post

Applications for hotel asset warehousing scheme decrease

The total number of hoteliers affected by the Covid-19 pandemic applying for the central bank's asset warehousing scheme has declined thanks to the rebound in the tourism sector, according to an executive at the Bank of Thailand (BoT).

ABC News

Fishing net deaths of endangered sea lions drastically reduced in SA

SA's endangered sea lion population has been given a chance to bounce back after a decade-long marine conservation program.

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ABC News

Conservationists call for tighter fishing rules to protect endangered sharks in Northern Territory waters

Scalloped hammerheads have been recognised as 'critically endangered' by the International Union for Conservation since 2018. But the species is not protected as endangered under Australia's environmental laws.

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