Indian retail investors won’t easily forgive their fund managers, nor will they quickly forget this wealth destruction. Out of 416 open-ended, onshore equity funds, 401 have lost money this year. Tech funds, the only ones to have performed decently, have been helped by Asia’s worst-performing currency of 2018. And that’s only because Indian software exporters earn revenues in a strong ...

Bloomberg You could write it off as a fluke in February. When it happened again in March, people got concerned. Now stocks are tumbling a third time in 2018, and investors are starting to sense something has changed. A smattering of 3 percent plunges may not make a bear market, but it sure is a break from the past, which ...

Bloomberg Short sellers who have been avoiding Europe have missed out on profiting from the slide in equity markets that has left investors around the world jittery. The benchmark Stoxx Europe 600 Index has fell 3.6 percent in the two trading sessions, dropping to levels last seen in late 2016. At the same time, the overall level of bearish bets ...