Page 3 - Amc

Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more

Several high net-worth individuals are said to be lapping up shares of cotton yarn manufacturers amid a spike in yarn prices

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

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

Mutual funds managed by women have given better returns, shows data

Two dozen AMCs don't even have a single women fund manager; only a couple have more than two

Sebi exempts fund managers from placing orders for passive trades

A fund manager can now authorise an AMC employee to place an order on his behalf provided the order instructions are through the electronic mode, including email, and audit trail is maintained

MF space set for digital disruption with likely entry of tech-heavy AMCs

Easing of profitability criteria could see entry of quant funds, robo advisory and smart ETFs

Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float

IT and telecom will do well in the medium term: Vinay Paharia of Union AMC

In a Q&A, Paharia says the economy is expected to recover sharply driven by base effect and pent-up demand, and that govt's 'AtmaNirbhar' packages are likely to provide a fillip to manufacturing

RBI rejects Muthoot Finance's plan to buy IDBI AMC over lack of consonance

The kerala-based gold loan NBFC had signed a deal to acquire IDBI Asset Management Ltd and IDBI MF Trustee Company Ltd in November 2019, for about Rs 215 cr

Change in assets under management, a near-term challenge for AMCs

In the current Covid-19 scenario, investors are more conservative with a rising preference for less risky liquid funds compared to equity

Aashish Somaiyaa exits Motilal Oswal AMC after 7 year at the helm

Navin Agarwal, who had been managing director for Motilal Oswal Financial Services, will lead the AMC as its MD and CEO

As AMC equity flows taper, investors urged to wait till situation improves

Analysts expect a YoY fall of 12-20% in revenue, and 7-10% in operating profit in the June quarter

IBA considering proposal to set up AMC and AIF, takeover NPAs from PSBs

The coronavirus pandemic is expected to result in a rise in non-performing assets (NPAs) despite relief measures

IDBI AMC employees fear for jobs as bank considers divesting stake

According to sources, 190-200 employees at IDBI AMC have raised concerns over job continuity

Baroda AMC, BNP Paribas AMC set for merger, parent cos enter agreement

Deputy chief executive officer Anand Shah to quit BNP Paribas AMC

Sebi may set common MF transaction norms to push ease of doing business

The efforts are expected to make life easier for investors and boost mutual fund penetration

Sebi action likely on AMCs that missed March 12 crossholding deadline

Under the cross-shareholding norms, a single entity cannot hold more than 10 per cent in more than one AMC

Cap on TER could hit HDFC AMC, Reliance Nippon earnings by 17-25% in FY19

After the close of markets on Tuesday, Sebi capped the total expenses ratio of AMCs with equity assets up to Rs 500 billion from 1.75 per cent to 1.05 per cent

Broker-backed AMCs look to get more of retail investor inflow

AMCS are looking for partnerships with SFBs AU, Equitas, Ujjivan and retail banks like IndusInd Bank and ICICI Bank