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China Approves Qatar's Sovereign Fund to Acquire Stake in Asset Manager
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China Approves Qatar’s Sovereign Fund to Acquire Stake in Asset Manager

China has granted approval for Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), to acquire a 10% stake in China Asset Management Co (ChinaAMC), the country’s second-largest mutual fund company. This approval marks the first significant investment in the sector from a major Middle Eastern investor amid escalating tensions with Western nations. The approval...

NRIs in UAE, Singapore, and Mauritius Benefit from Tax-Free Mutual Fund Gains
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NRIs in UAE, Singapore, and Mauritius Benefit from Tax-Free Mutual Fund Gains

As India solidifies its position as one of the fastest-growing economies globally, the Non-Resident Indian (NRI) community is increasingly aligning its investments with India’s economic growth. NRIs are diversifying their portfolios across various sectors, including real estate, equities, and alternative assets. This renewed interest is driven by India’s robust economic resilience, regulatory reforms, and the...