The successful art funds seem to be in the photography field #in

Though it doesn't seems to have given the equity returns but yeah it does fit in the alternate investments profile. The Quillan Collection was sold at Sotheby’s for $8.9m. Interesting Read. click to read on.

Photography Funds Show Returns:

Comments

Post a Comment

Popular posts from this blog

Real estate prices in India face slowdown

Real estate price in India is stabilizing and is facing steady slowdown especially in the metros. I have taken Bangalore as an example in this blog but other places too are affected by similar concerns. In Bangalore the real estate price is going crazy, though none of the real estate agencies would like to agree to this fact. Property prices moves due to the basic principle of Demand & Supply When demand is high & supply low prices will go up When demand is low & supply is high prices will come down For example let’s assume that somebody has bought a property for Rs X and he is trying to sell the property (say after a year), there can be three options, assumption being that the owner is in need of money and cannot wait for more than 3 months to sell the property. When the property prices are zooming everywhere> Here the owner will try to add as much premium to the property as possible, wait for three months and sell off in the last month at the highest bid ( RsX + RsY) W
Read more

Details of New Pension Plan 2009 (NPS) of Govt of India, PFRDA

Image
T he New Pension Scheme (NPS) has been launched on ‘Labour Day’ on Friday for all the citizens. This followed the confirmation by the National Interim Pension R egulator of the scheduled launch of the Mega Pension Plan from Friday. This scheme will be for for employees of private sector, self employed and extended it to everyone in the country. The Pension Fund Regulatory Development Authority ( PFRDA ) has decided to bring in some changes in the new pension scheme with effect from May 1, 2009.   The   new pension scheme(NPS)   will allow the fund investment of nearly 50% in the high risk stock markets. Six major fund managers were shortlisted for the   new pension scheme   in the month of February. They include Reliance Capital,ICICI Prudential Life Insurance,State Bank of India,Kotak Mahindra Bank,UTI,IDFC. An expert panel was formed under the guidance of HDFC chairman Deepak Parekh to look into the matters of   new pension scheme . The   PFRDA   has made a strict limit of inve
Read more

Rupee Appreciation seems to be round the corner. Why / How /when

Factors which can lead the Rupee appreciation ·         Base rate effect to kick in  and the inflation numbers will go down and will be very much within the magic figure of 6 ·          Reversal in interest rate cycle ·          Increase in corporate confidence & profitability ·         FII money flows into the country ·         Hike in NRI deposit rates will also help in money flowing into the country due to arbitrage opportunity ·         Allowing Qualified Foreign Investors (QFI) to invest directly will allow money to move into the country. ·         US economy showing sign of improvement to help local market sentiments. This will again be positive to move in money to India. All these factors can lead the Rupee to appreciate and move away from 53 to below 50. Factors which can hinder the Rupee appreciation  ·         Sovereign debt situation worsening in Europe.        The best option today for NRI investors is to take advantage of the dep
Read more