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Hsbc Amc

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HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

What experts say about interim Budget 2024

Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget: Illustration: Uttam Ghosh/Rediff.com Abheek Barua, Chief Economist, HDFC......

EPFO to appoint fund managers tomorrow, raise pension age

Retirement fund body EPFO is likely to appoint fund managers from Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60. Both the proposals will......

3 firms emerge top bidders for EPFO funds

Asset management firms ICICI Securities Primary Dealership, Reliance Capital AMC and HSBC AMC have emerged as top bidders for managing the huge corpus of retirement fund body EPFO. The Employees'......

EPFO to float tender for engaging new fund managers

The Employees' Provident Fund Organisation has a subscriber base of over 5 crore (Rs 50 million) Retirement fund body EPFO will float a tender on December 9 for appointment of new fund managers for......

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