Dollar gains after two-day drop, US stock futures dip

Dollar gains after two-day drop, US stock futures dip

The dollar gained in early Asian trade after a two-day slide as investors across Asia stayed focused on exacerbated currency appreciations from Taiwan to Malaysia. A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s dollar and resonated across global foreign exchange markets. … Read more

Should you invest in Kotak’s newly-launched International REIT FoF?

Should you invest in Kotak’s newly-launched International REIT FoF?

Wealth advisors said returns from such a fund will be driven by dividend yield from the securities held, currency appreciation and capital appreciation on sale of holdings. Synopsis Kotak International REIT FoF is an open-ended mutual fund that invests in units of SMAM Asia REIT Sub Trust Fund, which in turn holds a portfolio of … Read more