UTI investors to sell multi-bagger AMC stock
The third IPO from India’s mutual industry is worth ₹2,160 crore.
assets under management
September 2020
May 2020
April 2020
Hedge funds’ AUM falls to $3.31 trillion in Q12020
The economic fallout caused by the Covid-19 pandemic has significantly impacted the hedge fund industry with AUM falling below $3.50 trillion for first time since Q4-2018, says Preqin.
Net redemptions in credit risk funds drop 81.5%
Mutual funds industry body AMFI cites the central bank’s ₹50,000 crore special liquidity facility for the development.
RBI opens special liquidity facility for MFs
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
Mutual funds’ AUM declined 18% in March
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.
Global gold ETF inflows surge in March quarter
According to the World Gold Council, global gold-backed ETFs added 298 tonnes during January-March 2020, the highest quarterly addition since 2016.
