{"id":2033431,"date":"2015-09-05T13:46:35","date_gmt":"2015-09-05T08:16:35","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2033431"},"modified":"2015-09-05T13:46:36","modified_gmt":"2015-09-05T08:16:36","slug":"weekly-recap-who-owns-a-company","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/09\/05\/weekly-recap-who-owns-a-company\/","title":{"rendered":"Weekly Recap: Who owns a company?"},"content":{"rendered":"

\"world.2015-08-28.2015-09-04\"<\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n-2.53%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n-3.25%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n-3.28%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-7.02%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n-3.03%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n-0.69%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n-1.58%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+2.36%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n-2.29%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n-1.17%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n-2.23%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n-4.34%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n-1.22%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-1.88%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
RBOB Gasoline<\/td>\n-7.45%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n+1.32%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n-2.28%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n+1.10%<\/span><\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n-1.08%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n+0.74%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Gold 100oz<\/td>\n-0.98%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n-2.53%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n+0.69%<\/span><\/td>\n<\/tr>\n
Copper<\/td>\n-0.43%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n-2.30%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:+0.30% <\/span> USDJPY<\/a>:-1.90% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n+1.36%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+1.03%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+0.04%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+2.88%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n+7.20%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n-0.53%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n+0.46%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n+4.73%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n+4.06%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Cattle<\/td>\n-3.81%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+3.91%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n-1.47%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+2.65%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+2.26%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n+2.79%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n+1.51%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-2.37%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-4.06%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n-1.96%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n-4.08%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n+1.66%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-3.79%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-1.87%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n-0.74%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Credit Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n-0.65%<\/span><\/td>\n<\/tr>\n
Markit CDX NA HY<\/td>\n-1.01%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n+3.80%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n+9.23%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n+3.94%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n+3.26%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n+16.42%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n+2.03%<\/span><\/td>\n<\/tr>\n
Markit iTraxx SovX Western Europe<\/td>\n+0.09%<\/span><\/td>\n<\/tr>\n
Markit LCDX (Loan CDS)<\/td>\n+0.00%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n-1.50%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMarkets ended the week in an ocean of red ink. Being “better” than other EMs may mean just that we tank 10% while others tank 20%…\n<\/div>\n<\/div>\n

Nifty Heatmap<\/h3>\n

\"CNX<\/a><\/p>\n

Index Returns<\/h3>\n

For a deeper dive into indices, check out our weekly Index Update<\/a>.
\n\"index.performance.2015-08-28.2015-09-04\"<\/a><\/p>\n

Sector Performance<\/h3>\n

\"sector<\/a><\/p>\n

Market Cap Decile Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Decile<\/th>\nMkt. Cap.<\/th>\nAdv\/Decl<\/th>\n<\/tr>\n<\/thead>\n
1 (micro)<\/td>\n-3.55%<\/span><\/td>\n74\/61<\/td>\n<\/tr>\n
2<\/td>\n-3.57%<\/span><\/td>\n65\/69<\/td>\n<\/tr>\n
3<\/td>\n-1.10%<\/span><\/td>\n68\/66<\/td>\n<\/tr>\n
4<\/td>\n-1.12%<\/span><\/td>\n70\/65<\/td>\n<\/tr>\n
5<\/td>\n-1.60%<\/span><\/td>\n65\/69<\/td>\n<\/tr>\n
6<\/td>\n-1.91%<\/span><\/td>\n65\/69<\/td>\n<\/tr>\n
7<\/td>\n-1.03%<\/span><\/td>\n63\/72<\/td>\n<\/tr>\n
8<\/td>\n-0.72%<\/span><\/td>\n69\/65<\/td>\n<\/tr>\n
9<\/td>\n-0.28%<\/span><\/td>\n70\/64<\/td>\n<\/tr>\n
10 (mega)<\/td>\n-1.63%<\/span><\/td>\n68\/67<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nStocks were punished across the board…\n<\/div>\n<\/div>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
INFRATEL<\/a><\/td>\n+4.33%<\/span><\/td>\n<\/tr>\n
RELCAPITAL<\/a><\/td>\n+4.48%<\/span><\/td>\n<\/tr>\n
SRTRANSFIN<\/a><\/td>\n+4.74%<\/span><\/td>\n<\/tr>\n
GLENMARK<\/a><\/td>\n-12.64%<\/span><\/td>\n<\/tr>\n
BHEL<\/a><\/td>\n-12.11%<\/span><\/td>\n<\/tr>\n
UNIONBANK<\/a><\/td>\n-10.37%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nA total tossup…\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
GOLDBEES<\/a><\/td>\n-0.27%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n-2.75%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n-3.83%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-4.04%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-5.82%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n-5.93%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n-9.29%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nPSBs got shellacked… Gold didn’t escape the selling pressure either…\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yield<\/a><\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
0 5<\/td>\n-0.01<\/span><\/td>\n+0.15%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n-0.02<\/span><\/td>\n+0.23%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n+0.02<\/span><\/td>\n+0.02%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n-0.06<\/span><\/td>\n+0.67%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n-0.01<\/span><\/td>\n+0.20%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nBonds went up a smidgen…\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
ADAG stocks<\/a><\/td>\n-0.92%<\/span><\/td>\n<\/tr>\n
Tactical CNX 100<\/a><\/td>\n-1.99%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n-2.61%<\/span><\/td>\n<\/tr>\n
ASK Life<\/a><\/td>\n-2.78%<\/span><\/td>\n<\/tr>\n
PPFAS Long Term Value<\/a><\/td>\n-2.94%<\/span><\/td>\n<\/tr>\n
The RBI Restricted List<\/a><\/td>\n-3.32%<\/span><\/td>\n<\/tr>\n
Next Trillion<\/a><\/td>\n-3.68%<\/span><\/td>\n<\/tr>\n
CNX 100 Enterprise Yield<\/a><\/td>\n-3.76%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n-3.97%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n-4.26%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n-5.05%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n-5.20%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n-5.33%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n-5.41%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nNo investment strategy escaped the relentless selling pressure…\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
Edelweiss Debt and Corporate Opportunities Fund – Growth Option<\/a><\/td>\n+0.15%<\/span><\/td>\n<\/tr>\n
Religare Invesco Arbitrage Fund – Growth Option<\/a><\/td>\n+0.14%<\/span><\/td>\n<\/tr>\n
BIRLA SUN LIFE ENHANCED ARBITRAGE FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n+0.14%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Cautious – Regular Plan – Growth<\/a><\/td>\n+0.14%<\/span><\/td>\n<\/tr>\n
Axis Enhanced Arbitrage Fund – Regular Plan – Growth<\/a><\/td>\n+0.14%<\/span><\/td>\n<\/tr>\n
JM ARBITRAGE ADVANTAGE FUND-Growth<\/a><\/td>\n+0.13%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Blended Plan A – Regular Plan – Growth<\/a><\/td>\n+0.13%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Mirae Asset Global Commodity Stocks – Growth Option<\/a><\/td>\n-5.57%<\/span><\/td>\n<\/tr>\n
Reliance Japan Equity Fund- Growth Plan- Growth Option<\/a><\/td>\n-5.66%<\/span><\/td>\n<\/tr>\n
Sundaram Growth Fund-Growth<\/a><\/td>\n-5.66%<\/span><\/td>\n<\/tr>\n
SBI PSU Fund – REGULAR PLAN -Growth<\/a><\/td>\n-5.78%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Infrastructure Fund – Regular Plan – Growth<\/a><\/td>\n-5.79%<\/span><\/td>\n<\/tr>\n
HDFC INFRASTRUCTURE FUND-GROWTH OPTION<\/a><\/td>\n-6.04%<\/span><\/td>\n<\/tr>\n
UTI Infrastructure Fund-Growth Option<\/a><\/td>\n-6.05%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
SBI INFLATION INDEXED BOND FUND – REGULAR PLAN – GROWTH<\/a><\/td>\n+0.31%<\/span><\/td>\n<\/tr>\n
DWS Inflation Indexed Bond Fund – Regular Plan – Growth<\/a><\/td>\n+0.30%<\/span><\/td>\n<\/tr>\n
Pramerica Dynamic Bond Fund – Growth Option<\/a><\/td>\n+0.30%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Constant Maturity Gilt Fund – Regular Plan – Growth<\/a><\/td>\n+0.29%<\/span><\/td>\n<\/tr>\n
JM G-Sec Fund – Growth Option<\/a><\/td>\n+0.28%<\/span><\/td>\n<\/tr>\n
SBI Benchmark Gsec Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.27%<\/span><\/td>\n<\/tr>\n
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.27%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
Reliance Corporate Bond Fund – Growth Option<\/a><\/td>\n-0.06%<\/span><\/td>\n<\/tr>\n
JPMorgan India Active Bond Fund – Retail Plan – Growth Option<\/a><\/td>\n-0.08%<\/span><\/td>\n<\/tr>\n
Franklin India Dynamic Accrual Fund-Growth<\/a><\/td>\n-0.13%<\/span><\/td>\n<\/tr>\n
Franklin India Income Builder Account-Growth<\/a><\/td>\n-0.29%<\/span><\/td>\n<\/tr>\n
JPMorgan India Corporate Debt Opportunities Fund – Regular Plan – Growth Option<\/a><\/td>\n-0.58%<\/span><\/td>\n<\/tr>\n
Kotak Corporate Bond Fund- Standard Plan-Growth Option<\/a><\/td>\n-0.67%<\/span><\/td>\n<\/tr>\n
Kotak Coporate Bond Fund- Retail Plan-Growth Option<\/a><\/td>\n-0.67%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Thought for the weekend<\/h3>\n

For publicly listed companies, its owners are its shareholders. It is they who claim the profits of the company, potentially in perpetuity. It is they who exercise control rights over the management of the company from whom they are distinct. And it is they whose objectives have primacy in the running of the company.<\/p>\n

Yet despite its durability and success, across countries and across time, this corporate model has not gone unquestioned. Recently, these questions have come thick and fast, with a rising tide of criticism of companies\u2019 behaviour, from excessive executive remuneration, to unethical practices, to monopoly or oligopoly powers, to short-termism. These concerns appear to be both strongly-felt and widely-held.<\/p>\n

So who owns them?<\/p>\n

Source: Andrew G Haldane: Who owns a company?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -2.53% CAC(FRA) -3.25% UKX(GBR) -3.28% NKY(JPN) -7.02% SPX(USA) -3.03% MINTs JCI(IDN) -0.69% INMEX(MEX) -1.58% NGSEINDX(NGA) +2.36% XU030(TUR) -2.29% BRICS IBOV(BRA) -1.17% SHCOMP(CHN) -2.23% NIFTY(IND) -4.34% INDEXCF(RUS) -1.22% TOP40(ZAF) -1.88% Commodities Energy RBOB Gasoline -7.45% Ethanol +1.32% Natural Gas -2.28% WTI Crude Oil +1.10% Brent Crude Oil -1.08% Heating Oil +0.74% Metals Gold … <\/p>\n","protected":false},"author":2,"featured_media":2033441,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[987],"class_list":["post-2033431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-weekly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2033431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2033431"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2033431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2033441"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2033431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2033431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2033431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}