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Asset management News

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Sustainable Finance is the concept of the moment behind the urgency of action. Such actions place Investment firms in a unique position of actuation. 
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IDFC Asset Management Company on Monday launched an open-ended fixed income fund and hoped to mop-up revenue in the range of Rs 300 crore-500 crore from the scheme in the NFO period itself.
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Aberdeen Asset Management Asia has reduced its shareholding in Infosys by selling 56.26 lakh shares in the country's second-largest software
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HSBC has appointed Ravi Menon as the chief executive of its asset management arm in the country, after the elevation of Puneet Chaddha as business head for South East Asia.
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A move into asset management helped to drive a 19 percent rise in operating profit for Standard Life in 2014, offsetting a hit to annuity sales from British pension reforms.
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Asset management company Religare Invesco Mutual Fund has launched an open-ended income scheme Religare Invesco Corporate Bond Opportunities Fund.






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