US dividend ETFs bask in investor attention after jumbo Fed rate cut
U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds. The group of 135 U.S. dividend ETFs tracked by Morningstar pulled in $3.05 billion…
READ MORE
HDFC Bank shares: $1.8 billion of MSCI flow expected next month
Shares of India’s largest private sector lender HDFC Bank, which has been testing investor patience for the last few years, may attract $1.8 billion inflows as global index services provider MSCI may increase its weightage. HDFC Bank’s September shareholding pattern shows that the FII headroom remains safely above 20%. “As a result, the second phase…
READ MORE