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Special situations funds shine

After private equity funds, hedge funds and foreign institutional investors, it is the turn of multi-billion dollar special situations funds to make hay while the Indian economy shines.Quite a few......

Merrill to sell stake in funds

Merrill Lynch, the United States-based global investment bank, could be hawking its stake in its mutual funds business worldwide, and the reverberations could be felt in India. Merrill Lynch has a......

SpiceJet stakeholders reject ADAG offer

Key shareholders of low-cost airline SpiceJet have rejected an offer by the Reliance ADA Group to pick up a 51 per cent stake in the airline for Rs 40-45 per share. The offer was made last week.......

Best investment advice from 15 legendary investors

Joseph Hachem kisses a stack of $100 bills after winning World Series of Poker. Photograph: Reuters As a small investor, the rules suggest that you must invest in stocks with a long term view of......

Investing in stocks? Beware of falling knives

At the end of last year, Bill Miller, manager of the Legg Mason Value Trust lamented that he had purchased Citigroup at what he thought was a bargain price, only to see its shares drop lower as the......

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Legg Mason Capital Management

News for Legg Mason Capital Management

Special situations funds shine

Merrill to sell stake in funds

SpiceJet stakeholders reject ADAG offer

Best investment advice from 15 legendary investors

Investing in stocks? Beware of falling knives

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