Retail Funds

Japan's SMFG to penetrate China's mutual fund industry

Sumitomo Mitsui Financial Groupplans to acquire a minority stake in a mid-sized Chinese fund house to access China's mutual fund industry.

Japan's SMFG to penetrate China's mutual fund industry

Sumitomo Mitsui Financial Groupplans to acquire a minority stake in a mid-sized Chinese fund house to access China's mutual fund industry.

OSK-UOB's new fund to give 5-6% returns

The OSK-UOB Emerging Markets Bond Fund has been launched, forecasted to give an annual return of at least five to six percent.

Exit load under ICICI Prudential Gold Savings Fund revised

ICICI Prudential Mutual Fund will revise the exit load structure under ICICI Prudential Gold Savings Fund, an open ended fund of fund scheme.

Pacific Mutual to distribute Rm19.68 M income for 3 funds

Pacific Mutual Fund will distribute ioncome worth RM19.68 million for the three of its funds with financial years ending on Dec 31, 2011.

ING Funds to distribute 3.3% income

A 3.3 per cent second annual income with be distributed to unit holders of the ING Structured Income Fund.

Public Mutual declares distributions for 5 funds

 Public Mutual declared distributions totaling more than RM191mil for five of its funds.

Kotak raises $98.2M for properties fund

Kotak Realty raised $98.2 million from domestic LPs for a fund will focus on residential housing.

Exit load for IDFC Ultra Short Term Fund revised

IDFC Mutual Fund has announced to revise exit load structure under IDFC Ultra Short Term Fund.

Birla Sun Life declares dividend under its two schemes

Birla Sun Life declared dividends for its Dynamic Bond Fund-Retail Plan and Monthly Income under its quarterly dividend option.

SAN Finance to sell $8.2M bonds

SAN Finance would offer bonds worth Rp 750 billion or US$8.2 million with coupon rates ranging from 7 percent and 8.75 percent. The company will...

Public Mutual launches new Islamic fund

Public Mutual launched its new Islamic equity income fund, Public Islamic Savings Fund.

Citibank provides clients with institutional, high net worth trusts

Citibank launched its Institutional & High Net Worth Fund Platform.

Barclays to scale down retail bank operations in India

Barclays will not book new retail loans in India, while maintaining its deposit business.

Bank of India to acquire 51% stake in Bharti AXA

Bank of India will acquire a 51 percent stake in Bharti AXA Investment Managers Pvt Ltd, an asset management company to Bharti AXA Mutual Fund.

Deutsche revises exit load structure for its two schemes

Deutsche Mutual Fund has announced to revise exit load structure under DWS Cash Opportunities Fund and DWS Premier Bond Fund.

Canara Robeco changes in mutual fund management responsibilities

Canara Robeco Mutual Fund has changed fund management responsibilities for Canara Robeco Infrastructure Fund, an open ended equity scheme.

ICICI Mutual Fund revises exit load structure

ICICI Mutual Fund has announced to revise exit load structure under ICICI Prudential Short Term Plan.