Despite receiving a nod for a broad-based listing two weeks ago from its public sector bank stakeholders, namely State Bank of India, Punjab National Bank and Bank of Baroda, UTI AMC will not get listed until its fourth major PSU shareholder, LIC, agrees for ... Money Control, 2 days ago
Mutual fund industry veteranVetri Subramaniam today joined UTI Asset Management Company(UTI AMC) as Group President and Head of Equity.Money Control, 1 month ago
AMC has already conducted a study to gauge whether the IPO can be executed successfully or notBusiness Standard, 1 week ago
A K Sridhar , director and chief investment officer IndiaFirst Life Insurance Company, is a market veteran. He has more than 30 years’ experience in finance, mutual fund, investment management and insurance industries. As the head of investment management ...The Financial Chronicle, 1 week ago
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout. French asset manager Amundi's purchase of Pioneer Investments last month has put a question mark over both the entities' investments in the domestic mutual fund space. Amundi, by virtue of its 37 per cent stake, is one of the sponsors of SBI MF. Similarly, Pioneer Investments is a sponsor of Baroda Pioneer MF, with 51 per cent stake. The global acquisition could deem Amundi as a sponsor of both ...Rediff.com, 1 month ago
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts. Capital market regulator Securities and Exchange Board of India is set to allow purchase of mutual fund units through digital wallets and electronic payment applications. The move comes at a time when online payments are getting a huge push by the government as part of a strategy to steer towards a more digital and less-cash economy. Although most ...Rediff.com, 1 month ago
Leading stock exchange BSE has authorised as many as 20 asset management companies to offer mutual fund units to registered investment advisors (RIA). The 20 fund houses enabled by the exchange for RIAs include Axis Mutual Fund, Birla Sun Life AMC, DSP ...The Financial Chronicle, 2 months ago
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