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.