Bloomberg India’s $442 billion asset management industry is finally having to reckon with the passive investing juggernaut. After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April. Passive products now account for nearly a quarter of equity assets under management versus about 16% two ...

Dubai / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, on Saturday announced the launch of Regalia, a AED 1 billion luxury skyscraper in Business Bay offering a smart and high-end urban lifestyle embodied by royalty and distinction. Regalia will be the tallest tower Deyaar has ever built. The 70-storey premium ...

Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), and Wipro Limited, a leading global information technology, consulting and business process services company, on Saturday announced the launch of their new Multi-Cloud Platform. The two companies have partnered to deliver market-leading multi-cloud management and migration capabilities through this platform, which aligns with their aims to simplify and accelerate digital ...