Wednesday, August 19
India's IPO market has started 2026 on a muted note, with the first week of January seeing no mainboard public issues opening for subscription. Instead, investor activity will be limited to three small and medium enterprise (SME) IPOs, reflecting the cautious mood that is typical of the early part of the calendar year.January often starts slowly as investors return from year-end holidays and assess broader market direction before committing fresh capital. While the pipeline for large IPOs later in the quarter remains healthy, companies appear in no rush to test sentiment in the opening days of the year.That said, the SME segment continues to stay active, with three companies opening issues between January 6 and January 9, spanning infrastructure materials, electric mobility and sustainable
Large multi-manager funds, including D.E. Shaw, Balyasny Asset Management, Bridgewater Associates, and Point72 Asset Management, generated mostly double-digit gains in 2025, reflecting an upbeat year for the hedge fund industry that was buoyed by an AI-powered stock market rally. D.E. Shaw's two flagship funds produced double-digit returns, a source familiar with the matter told Reuters on Friday, reflecting similar gains seen across top multi-strategy peers during a year of record volatility. The firm's Oculus Fund generated a net return of around 28.2% for the year and has made a net annualized return of 14.4% since its founding in 2004, the source said. D.E. Shaw's Composite Fund, which is its largest multi-strategy fund, generated a net return of around 18.5%, with an annualiz
