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6 qualify in initial bids to manage EPFO funds; Axis AMC out

Last Updated: Friday, January 9, 2015, 20:08

Six fund managers, including HSBC AMC, ICICI Prudential, Reliance Capital AMC and UTI AMC, have qualified in initial bids for managing EPFO funds for a three-year term beginning April 1.

EPFO to float tender for engaging new fund managers

Last Updated: Sunday, December 7, 2014, 11:06

Retirement fund body EPFO will float a tender on December 9 for appointment of new fund managers for a term of three years beginning April 1, 2015.

Dealing room networking chats under Sebi scanner

Last Updated: Sunday, December 1, 2013, 15:13

Dealing room activities of brokers, fund managers and other institutional investors have come under regulatory scanner for possible manipulations through use of web-based social networking apps and messaging platforms.

Fund managers fumble even as stocks hit record highs

Last Updated: Monday, November 25, 2013, 13:28

India's top 20 diversified equity funds, with USD 12.4 billion in assets, are up only 0.5 percent this year.

MFs' exposure to bank stocks hit 4-year low of Rs 22,744 cr

Last Updated: Wednesday, October 9, 2013, 15:41

Amid continuing weakness in banking stocks, fund managers' exposure to the sector has dropped to the lowest level in four years and stood at Rs 22,744 crore at the end of August.

RBI steps to push long-term yields up; ease short-end curve: MFs

Last Updated: Friday, September 20, 2013, 20:29

The mid-quarter policy by the Reserve Bank will ease yields in short-end money market instruments, but will push it up in the longer end of the curve like 10-year government securities, say fund managers.

MFs' exposure to bank stocks hit 19-month low of Rs 28,862 cr

Last Updated: Monday, September 9, 2013, 18:01

Amid continuing weakness in banking stocks, fund managers' exposure to the sector has dropped to the lowest level in more than one-and-half years and stood at Rs 28,862 crore at the end of July.

SBI grabs top slot among EPFO fund managers

Last Updated: Tuesday, February 5, 2013, 16:31

State Bank of India has outperformed private sector peers, including HSBC AMC and Reliance Capital AML, in managing retirement fund body EPFO's corpus.

Global fund managers 'overweight' on equities: HSBC

Last Updated: Thursday, January 24, 2013, 20:20

Global fund managers are bullish on the domestic equities with 75 percent of them holding 'overweight' view in the first quarter, an HSBC survey said.

PFRDA eases norms for registration of fund managers

Last Updated: Thursday, July 12, 2012, 23:06

In order to boost the National Pension Scheme (NPS), PFRDA on Thursday relaxed norms for registration of pension fund managers to ensure greater competition by removing cap on the number of PFMs.

PFRDA in talks with govt for more incentives to fund managers

Last Updated: Monday, April 9, 2012, 21:27

In a move to popularise the National Pension Scheme (NPS) in the private sector, sector regulator PFRDA on Monday said it is in talks with the government to increase incentives for fund managers.