Kotak Bank will buy ING Vysya bank in an all-stock transaction that gives ING Vysya shareholders 725 shares of Kotak Bank if they own 1000 shares of ING Vysya.
This will create a larger bank in assets; the new Kotak bank will be about 50% larger. However, the price increase in Kotak’s shares (to Rs. 1200) might have fully factored in the growth increase, without allowing for any issues in the merger going forward.
All ING Vysya branches and employees will become Kotak branches and employees” after the deal is completed,” the banks said in a statement yesterday. “Congratulations @udaykotak on a brilliant merger move. The enormous synergies are obvious,” industrialist Anand Mahindra tweeted after the deal was announced. Continue reading “Kotak-ING Vysya merger: Synergies”
Alternative investments is not a new concept but seems to be gaining momentum, I did a story in back in 2012 under the heading ART TREATED AS AN ALTERNATIVE INVESTMENT .Would like to evolve on those terms, Let’s face it : The financial crisis & the European crisis that seemed to mark a turning point in the spectacular growth of alternative investments, such as managed investments in hedge funds, private equity, real estate, commodities, and infrastructure. Poor performance and liquidity problems led to massive redemption in several categories. By now, however, those problems have subsided, and alternatives are back on track.
Continue reading “Alternative Investments”
Here again a small write-up on personal finance, let’s discuss a bit about assets today. Assets are good. Liabilities, bad. Hopefully, you have more assets than liabilities. If not, you probably need to back up and get some of your basic finances in order. Once you get that taken care of, get back to this discussion which is about what are the best types of assets and where should you be investing your time & money?
I’ve decided to break it down into three categories and talk briefly about each. Continue reading “Why Assets are good. Liabilities bad”
There are certain styles and strategies that simply cannot replicate on by own and clients have exposure to you. As an investment advisor representative at a good-sized shop. So read the brochure of your mutual fund and again and see the various investment styles . Continue reading “The Mutual Fund Manager Styles”
This is a nice summary of the flaws in many mutual funds published on Market Watch. Too many mutual funds are simply index funds disguised as something else. And most of the rest are simply attempts to market a product that isn’t designed to actually add value (but sounds fancy enough to accumulate assets). If you missed John Bogle’s discussion on the flaws in the mutual fund industry you should watch it here.
The 10 things via Market Watch:
- “Cheap funds often outperform pricey ones.”
“We can’t beat the market.”
“When skill fails, we just double (or quintuple) our odds.”
“People aren’t buying our product…” Continue reading “MUTUAL FUNDS – Please read the disclosure carefully”