AKB48 has reshaped the landscape of youth culture in modern Japan. Such a strategy encourages young people today to chase dreams of being in the spotlight that many Japanese would have shunned years ago. These days, long-term goals of careers in politics or medicine have been replaced with the need for instant gratification and glamour. Nowhere is such an ideal more apparent than in the fashion industry, and youth fashion, in particular, has undergone changes in the past five years or so that makes it virtually unrecognizable from its former state.
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Ashley is a deeply conflicted American model scout, and year-old Nadya, plucked from a remote Siberian village and promised a lucrative career in Japan, is her latest discovery. As the young girl searches for glamour and an escape from poverty, she confronts the harsh realities of a culture that worships youth — and an industry that makes perpetual childhood a globally traded commodity. Filmmaker Daphne Matziaraki follows a day in the life of Kyriakos Papadopoulos, a captain in the Greek coast guard who is caught in the middle of the refugee crisis in which Europe is embroiled.
With actively managed equity funds struggling to keep up with market indices in the past couple of years, many Indian investors are now keen to give index investing a second chance. ETFs, after all, have led the passive investing revolution the world over and are seen as the most efficient vehicles to own a portfolio that simply mirrors an index. But given the peculiarities of the Indian market, passive investors need to consider another alternative — open-end index funds which can be bought directly from the fund houses.