Page 10 - Assets Under Management
Rating agency Brickwork downgrades PTC Financial Services to AA- from AA
The negative growth in the loan book of PFS, a unit of PTC India, is on account of funding challenges faced by NBFCs
 "Rating agency Brickwork downgrades PTC Financial Services to AA- from AA")
Women fund managers outperform men on delivering returns: Morningstar study
Manage Rs 3.59 trillion or 13% of MF industry assets, yet remain under-represented in the industry, constituting only 8% of the country's fund manager population
 "Women fund managers outperform men on delivering returns: Morningstar study")
AUM for gold ETFs up 30% in one year as investors rekindle interest
Hopes of further gains in the price of the previous metal could sustain inflows into gold ETFs
 "AUM for gold ETFs up 30% in one year as investors rekindle interest")
Nippon Life India AMC Q3: PBT jumps 18% to Rs 193 cr on rise in asset base
Management says post-rebranding several major investors have come back
HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry
Improving mix of equity products is positive for an AMC as equity products offer higher management fees than fixed income products.
 "HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry")
India-dedicated funds pull out over $3 billion so far this year: EPFR data
Global emerging market (GEM) funds saw outflows to the tune of $868 million, paring the 2019 inflows by these funds to about $181 million
 "India-dedicated funds pull out over $3 billion so far this year: EPFR data")
India-dedicated funds pull out $653 million in July, shows EPFR data
Assets under management (AUM) of India-dedicated funds have slid by about a fifth in the past year
 "India-dedicated funds pull out $653 million in July, shows EPFR data")
Mutual fund penetration poor in most states; way below global average
Many have mutual fund assets which are less than 2% of economic output
 "Mutual fund penetration poor in most states; way below global average")
Bajaj Finserv reports flat net profit growth in Q1; total income rises 40%
Total Income grew by 40 per cent year-on-year, though profitability of life and general insurances business dragged the overall show
 "Bajaj Finserv reports flat net profit growth in Q1; total income rises 40%")
SBI Focused Equity Fund: Focused strategy, consistent performance
The fund's assets under management (AUM) more than doubled from Rs 1,705 crore in June 2016 to Rs 4,634 crore in May 2019
 "SBI Focused Equity Fund: Focused strategy, consistent performance")
India's wealth managers buck the Asia trend with 18% asset growth
The wealth management arm of Kotak Mahindra Bank retained the top slot in India, boosting AUM to $33.6 billion, the report showed
 "India's wealth managers buck the Asia trend with 18% asset growth")
Fund managers face the heat as AMCs chase growth
Industry players say money managers are being saddled with additional responsibilities to garner more sales
 "Fund managers face the heat as AMCs chase growth")