Kumar M Birla to be Birla Sun Life AMC chairman

The Birla Sun Life Asset Management Company is set to witness a change in its board composition, with Kumar Mangalam Birla taking over as chairman from its Canadian partner Sun Life's......

Birla Sun Life AMC on the prowl

Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal."We are always on the look out to......

AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

SBI Mutual Fund recently launched the SBI Quant Fund. Illustration: Dominic Xavier/Rediff.com Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently,......