Discover and read the best of Twitter Threads about #ForceMajeure
Most recents (2)
Franklin has shut down 6 debt mutual fund schemes due to illiquidity in market stopping buy/sell of units in these funds. Doesn't it put q on experts who suggest to hold just 3-4 scheme in portfolio. True saying - Never keep all eggs in one basket. #mutualfunds #market #franklin
Put together, almost 26000 crore rupees of investors are stuck in these 6 schemes. These all belong to debt schemes so higher chances that most of the money stuck belongs to retail investors. (2/n)
All these 6 funds are rated with 5 stars by Morningstar rating agency. In 2008 crisis all mortgages and CDO were triple ace rated by S&P, Moody's & Fitch. History repeats itself and average customer is trapped. Sad story #MutualFundsSahiHai ? #franklintempleton #mutualfunds (3/n)
1/25
Covid-19 has created a proverbial 'perfect storm'. While we are fighting an unprecedented medical crisis, the after-effects of this pandemic will have far-reaching implications.
A #thread on a commonly heard legal term - #ForceMajeure and its' business ramifications
👇
Covid-19 has created a proverbial 'perfect storm'. While we are fighting an unprecedented medical crisis, the after-effects of this pandemic will have far-reaching implications.
A #thread on a commonly heard legal term - #ForceMajeure and its' business ramifications
👇
2/25
First, here is why I think this topic is relevant. Google trends for the search term “Force Majeure” shows an exponential rise, the highest in last 16 years. A comparison with the search term “recession” shows little to no correlation with 2008-09 crisis.
Let’s see why.
First, here is why I think this topic is relevant. Google trends for the search term “Force Majeure” shows an exponential rise, the highest in last 16 years. A comparison with the search term “recession” shows little to no correlation with 2008-09 crisis.
Let’s see why.
3/25
Have divided the thread in three parts:
a) Concept & genesis (4-6) – One may skip to b) if aware/ not keen
b) Facts & current developments across industries (7-17)
c) Inference & future implications (18-25)
Note: Not an expert on legal matters and sharing basis my reading
Have divided the thread in three parts:
a) Concept & genesis (4-6) – One may skip to b) if aware/ not keen
b) Facts & current developments across industries (7-17)
c) Inference & future implications (18-25)
Note: Not an expert on legal matters and sharing basis my reading
