All articles by Satarupa Bhowmik

Satarupa Bhowmik

SEBI launches new regulatory framework for passive mutual funds

The initiative simplifies entry, attracts new players, and reduces compliance burdens in the sector.

Bajaj Finserv Asset Management unveils new Gilt Fund

The open-ended debt scheme is designed with relatively high interest rate risk and low credit risk in mind.

India’s Choice International gains SEBI nod for mutual fund business

The company will establish an Asset Management Company and a Trustee Company.

M&G initiates legal action against Royal London over risky investments

M&G is now seeking at least £27m in damages along with interest from Royal London.

MetLife signs deal to acquire asset manager PineBridge

The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.

Pulse360 introduces Dynamic SmartFields to enhance advisor efficiency

The new offering allows advisors to integrate critical client data from third-party applications into client documents.

Edward Jones, Osaic, Cambridge to pay $8.2m restitution for excess charges

FINRA secured more than $9.5m in restitution for mutual fund customers across five companies.

Focus partner firms Brownlie & Braden and Prairie Capital merge

The merger will provide Brownlie & Braden’s team with access to Prairie’s planning and investment resources.

BNP Paribas enters deal to acquire AXAInvestment Managers

The merger is set to create a ‘leading’ asset manager in Europe with €1.5tn in assets under management.

TA Associates to invest in New Zealand wealth manager Craigs

The current employee and director shareholders of Craigs will maintain a 50% ownership stake in the firm.