Page 8 - Asset Management

Street signs: Large AMCs corner SIP pie, GMP strong for new IPOs and more

Inflows through the SIP route have been strong this financial year, even as lump-sum investments have slid

Renuka Ramnath's PE firm Multiples looks to raise $10 billion by 2030

Elaborating on her strategy, Ramnath, who is CEO, said it was 'fairly ambitious'

We'll follow rule-based active investment style: Rajiv Shastri of NJ AMC

The CEO of an asset management company run by the country's largest MF distributor talks about how the fund house plans to create a niche and avoid conflict of interest

New entrants leveraging technology to attract customers in MF industry

Recent entrants are leveraging technology and low-cost 'passive investing' to attract customers in an industry where market penetration is low

Streamline investment for insurance, pension funds in InvITs: NITI Aayog

A staggered approach should be followed for streamlining of investment guidelines and limits to keep pace with the growth in the InvIT market, it suggested

Sebi's merchant banker order may stretch new AIF timelines, says industry

Regulator's notification has limited international precedent and is unnecessary, say analysts.

UTI AMC first quarter after-tax profit soars 53% to Rs 155 crore

UTI AMC is the investment manager of UTI Mutual Fund.

UTI AMC hits new high ahead of results, rallies 111% from October lows

The stock hit a new high of Rs 994, up 79 per cent from its initial public offer issue price of Rs 554 per share

Vivriti Asset Management launches two debt AIFs

Vivriti Asset Management has raised commitments of over Rs 1,500 crore across its funds and provides tailored debt of Rs 25-75 crore to emerging and mid-sized operating companies, for 2-5 year tenor.

Mutual fund AUM grows 3.3% sequentially in June qtr, smaller AMCs see churn

Amfu data shows fund houses such as Quant MF, Trust MF, ITI MF, PPFAS MF and PGIM India MF were top performers in terms of average AUM accretion

Asset monetisation drive of beleaguered BSNL, MTNL hits roadblock again

The Union government is facing hurdles as far as getting the land use changed for the assets of BSNL and MTNL.

Investors oppose Nippon Asset Management chief's remuneration offer

About 83 per cent, or 28.6 million of the 34.47 million votes polled by the public institution opted "against" the special resolution

BlackRock quarterly profit jumps as assets rise over $9 trillion

This compares to assets of $6.47 trillion a year earlier.

What makes CAMs a better bet than AMCs for financialisation theme

Viewed as a proxy to asset management business, steady financial record is the USP

Top asset manager Vanguard invests Rs 2,660 cr in at least 26 Indian stocks

Market players said the buying could have been triggered by the FTSE rebalancing

Credit Suisse overhauls asset management under regulatory glare

Credit Suisse shares were up 1.5% in early trade

Paytm Money considering applying for MF licence as an asset manager: CEO

Company clocked over 20 million annual direct mutual funds transactions with assets under management of over Rs 5,000 crore, says Varun Sridhar

Asset monetisation to bring paradigm shift for infra growth: FM Sitharaman

Around 300 participants from states and UTs attended the workshop organised by the Department of Economic Affairs and NITI Aayog

With new players at the gates, AMCs to see stiff competition in MF space

Currently, nine requests for MF licence are being processed by Sebi

Back the IBC

A new mechanism will only kick the can down the road