Asia-Pacific Equities Rise on U.S.-Iran Ceasefire and NVIDIA's South Korea Deals 1 hr ago
Asia-Pacific equity markets advanced at the open following the U.S. decision to halt strikes against Iran and NVIDIA's deal announcements in South Korea. Key regional indices posted gains, with Australia's ASX 200 rising +0.83%, South Korea's KOSPI climbing +1.18%, and Japan's Nikkei 225 edging up +0.16%, reflecting broadly positive investor sentiment across the region.
Nippon Life India AMC Concall Update: Management Guidance on Expenses, SIF Launches, and DWS Joint Venture 3 days ago
Nippon Life India Asset Management's concall update outlined management guidance across strategic and financial parameters. The company is ready for SIF product launches with differentiated offerings and expects the DWS JV to draw more European capital to India. ESOP expenses for FY '27 are estimated at approximately INR 60 crores, while other expenses are projected to grow 18% to 20% over the next six to eight quarters due to technology and digital investments. The overall yield is expected to decline by 1 to 2 basis points year-on-year as equity AUM increases.
Canara Robeco AMC Outlines Yield Targets, Product Strategy, and Cost Discipline in Management Commentary 3 days ago