In the race to acquire the fund management business of Goldman Sachs Group Inc in India, Reliance Mutual Fund and HDFC Mutual Fund are trying hard. According to a person familiar with the development, both the suitors are in the final round of ... Business Insider India, 20 hours ago
Mumbai: India's capital market regulator has asked asset management companies (AMCs) to stop depending entirely on credit rating agencies to assess corporate bond investments in their portfolios. At a meeting between officials of the Securities ...Livemint.com, 1 week ago
The lure of higher and better returns amid competition to outperform the competitor is visible across the sector. While JP Morgan AMC is facing the heat for investing around Rs 200 crore into AA rated bonds of Amtek Auto that became illiquid over ...Financial Express, 1 month ago
when equity markets fell worldwide (S&P BSE Sensex fell about 6%), there are only a handful of fund managers whom most wealth managers, financial planners and investors turn to. Strangely, on that day, there was an eerie sense of calm at the ...Livemint.com, 1 month ago
Deutsche Bank Group has entered into an agreement to divest its India asset management business to Pramerica Asset Managers Pvt Ltd (Pramerica AMC), for an undisclosed amount. Pramerica AMC, in which Dewan Housing Finance Corporation Ltd (DHFL) ...VC Circle, 2 months ago
In a panel discussion featuring chief investment officers from across fund houses titled Asset Management: Lessons from the past at Mint 's annual mutual funds conclave in Mumbai on 31 July, panellists discussed the lessons learnt from their ...Livemint.com, 2 months ago
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