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SBI Funds Management appoints RS Srinivas Jain as Joint CEO

The appointment follows a recommendation from the company’s Nomination and Remuneration Committee and takes effect from Tuesday, the fund house said.

SBI Funds Management appoints RS Srinivas Jain as Joint CEO

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

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Local equities in the green, but rand faces pressure

Marco Efstathiou of Absa CIB unpacks gains in local equities amid a global tech sell-off, concerns over AI spending and a weaker rand. He discusses Asian market losses, led by technology stocks such as Samsung, and explains why investors are watching earnings from US banking giants.

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