Author: Jordan

India’s high-net-worth investors aren’t just asking about stocks anymore. At the ET Alpha Wealth Summit, a clear message emerged from the country’s top wealth managers: the appetite for diversification, across asset classes and geographies, is deepening, and the industry is rapidly building the infrastructure to match it.The panel discussion was on ‘Global or Local? The New Allocation Reality’. Lakshmi Iyer, Group President, Investments, MD & CEO, Bajaj Alternate Investment Management Limited, Rahul Jain, President & Head, Nuvama Wealth, Devina Mehra, Founder & CMD, First Global and Sid Swaminathan, MD & CEO, JioBlackRock Asset Management Company, took part in the discussion…

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Aldermore has expanded its buy-to-let range with the launch of two new 2-year fixed limited edition products, giving brokers and their landlord clients more choice across both single residential investment properties and multi-property residential portfolios. The new rates are available immediately to new customers. For individuals and companies with single residential investment properties, Aldermore has introduced a 2-year fixed limited edition product at 75% LTV with a zero fee, priced at 6.14%. For those with multi-property residential investment portfolios, a similar 2-year fixed limited edition option is also available at 75% LTV with a zero fee, this time…

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

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Manavinder Singh built his journey through aviation, his deep connection with the Himalayas and a belief that luxury should be about quality of life, not just property ownership. That vision led to Auramah Valley, now recognized as one of the largest luxury real estate developments in Himachal Pradesh and an exclusive invite-only elite community that reflects a more thoughtful and experience-driven approach to modern hill living in India.In India’s premium housing market, the difference between a developer who builds homes and one who builds communities is wider than it appears. Manavinder Singh has spent much of his entrepreneurial journey building…

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According to rates from the Zillow lender marketplace, fixed and adjustable rates are moving lower compared to yesterday. The current 30-year fixed rate fell by 1 basis point to 6.35%, the 15-year fixed rate fell by 7 basis points to 5.78%, and the 5/1 ARM fell by 6 basis points to 6.30%. Read more: Weekly survey of mortgage lenders with the lowest rates: Leaders price in the low 6% range Today’s mortgage rates Here are the current mortgage rates today, Saturday, June 13, 2026, according to the latest Zillow data: 30-year fixed: 6.35% 20-year fixed: 6.10% 15-year fixed: 5.78% 5/1…

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“Recognising the moment a case has moved beyond a residential remit and into specialist territory is what separates the advisors who keep their clients from those who quietly lose them,” said Jorden Abbs (pictured top), chief executive at mortgage broker Commercial Trust. “There are lots of cases non-specialist brokers may struggle to place. Non-standard construction properties, large HMOs or hybrid properties, holiday lets with restrictions, buy to let surrounded by a high density of commercial premises are just a few examples of more complex cases that need a specialist lender, and may on the face of it look impossible to…

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The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC HRW futures saw fractional to 3 3/4 cent lower trade at the close, with July 13 ¾ cents higher this week. MPLS spring wheat posted 1 ¼ to 8 ½ cent losses on Friday, with July down 1 ¼ cents over the course of the week. Commitment of Traders data showed managed money liquidating more length in the Chicago market, dropping the outright longs by 16,852 contracts and increasing…

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By: Sean Crose Last weekend I attended a fight card in my hometown of Waterbury, Connecticut. It was the first time there had been a fight card in the city for roughly 50 years. Willie Pep once fought there in front of 20,000 people, but those days were obviously long gone. Yet those who felt it would be foolish to bring back boxing to the community found that they were quite mistaken. For well over a thousand people were packed into the Palace Theater in downtown to watch local fighter Michael Kimbel attempt to continue to climb his way up…

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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsSign up to our free breaking news emailsLuxury timepieces, once symbols of glamour and status, are increasingly facing a grim fate: the melting pot. Iconic watches like Omega’s Constellation, famously worn by George Clooney and Nicole Kidman, are being scrapped for their precious metal content as gold prices soar.With gold prices hovering near record highs, the intrinsic value of the metal in some classic models now surpasses their resale worth. This trend is particularly impacting…

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The Intermediary  ·  https://theintermediary.co.uk/2026/06/coventry-for-intermediaries-cuts-mortgage-rates-by-up-to-0-20/ Coventry for intermediaries has announced a series of mortgage rate reductions across its residential and buy-to-let ranges, with selected products reduced by up to 0.20% from today. The lender has reduced residential rates by up to 0.20% and buy-to-let rates by up to 0.13%, with the changes available to both new and existing customers. The latest cuts come as competition across the mortgage market remains strong, with lenders continuing to adjust pricing to attract new business. Among the revised products is a 2-year fixed rate at 5.15% to 30th November 2028 at 90% loan-to-value with no…

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