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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 10/Aug/2007 at 11:58am |
let us look at it from the fund manager's perspective. Could not have been anything better then this. Stocks like PRIL, Kotak bank, R-Cap are all means to making money in this "dirty" arrangement.l
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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deepinsight
Senior Member
Joined: 18/Sep/2006
Online Status: Offline
Posts: 980
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 Posted: 11/Aug/2007 at 2:51pm |
In an ideal world - how should a PMS manager charge? (earn his or her money? - i.e. if they can make money with integrity for their investors) Did W. Buffett and Mohnish Prabai not set up similar structures (except they seem to be delivering)
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"Investing is simple, but not easy." - Warren Buffet
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leo2007
Senior Member
Joined: 22/Jul/2007
Location: India
Online Status: Offline
Posts: 262
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 Posted: 11/Aug/2007 at 3:26pm |
When they buy and sell shares,do they charge brockerage? . What happens to the dividend they receive ?
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 11/Aug/2007 at 3:37pm |
Yes, that's the point. When they churn their portfolio just for generating brokerage it doesn't help the poor investors. There could be some genuine ones also.
One gulf-based NRI person told me that a brokerage is pushing a Momentum based scheme (min investment US$25K, Rs.10Lakhs) and they have indicated returns of Rs.50,000 per month. My personal view is to avoid such things.
Edited by kulman - 11/Aug/2007 at 3:39pm
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Life can only be understood backwards—but it must be lived forwards
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Buffet
Newbie
Joined: 01/Nov/2007
Location: India
Online Status: Offline
Posts: 36
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 Posted: 05/Nov/2007 at 12:16pm |
A little bit off topic...
Are you guys aware of any softare or website which allows us to manage out stock portfolio in a comprehensive manner. I have tried out both ICICDirect and Rediff. Both are incomplete, Icici provides only a "current snapshot" and rediff provides a combined porfolio performance chart for 5 days only.
I would like to have an online chart which tracks and records the stock prices on a daily basis and where I can retrieve the performance data and charts of one or more stocks for any date range. please let me know if you have come across anything like that.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 29/Jul/2008 at 9:36am |
PMS investors are in for a rude shock Source: dnamoney
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Another reason why the PMS mostly means "Pyaar-se Maaro Scheme" (Read more by clicking here.)
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Life can only be understood backwards—but it must be lived forwards
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absolut
Groupie
Joined: 18/Jun/2007
Location: India
Online Status: Offline
Posts: 66
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 Posted: 13/Nov/2008 at 11:59am |
During all these mayhem ... has any body spared a thought about what our esteemed fund managers upto ? Some of my friends say their PMS are tracking the markets by a factor of -15% ... any views from anybody ???
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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 Posted: 18/Feb/2009 at 7:39pm |
Wealth managers devise new strategies to woo investors
promoting their portfolio management scheme -
the arbitrage scheme, perhaps first of its kind in the wealth management space.
Under this scheme, 'basket trading' is one of the main strategies used to
generate reasonable returns
Being exasperated by continuous
wrong calls in the markets, investors are now looking for risk free bets in the
market. We are offering them near risk free product. Our arbitrage and other
schemes are expected to outperform fixed income instruments in terms of
return
real estate remains a
viable asset class for the discerning high networth clients as it is an integral
part of the India growth story. Our group's real estate PMS will be offered to
clients as part of their overall asset
allocation.
An investor with higher risk
appetite can hedge in Nifty Futures or in any other index or even in ..
We foresee five times growth in
wealth management in India in next two years. We are doing a lot of permutations
and combinations to promote newer concept in Indian markets like hybrid scheme
which helps stop destruction of capital. We will not even mind reducing wealth
management fees to attract investors
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WARNING: Be careful
जहाँ तेरी ये नजर हैं मेरी जाँ मुझे ख़बर हें बच ना सका कोई .......आए कितने
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Life can only be understood backwards—but it must be lived forwards
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