front-running | SEBI tweaks mutual fund regulations to stop front running in asset management companies telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
The fund house, the seventh largest in the 43-member strong mutual fund industry, has fallen out of investors' favour of late on account of weak performances by its equity schemes and changes in the core team including key fund managers.
MFs rush to SEBI to resolve call recording conundrum - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Ashish Gupta, the new CIO at Axis Mutual Fund, along with new CEO B Gopkumar, is in major repair mode about how money is managed at India’s 8th largest mutual fund house. Gupta says the company has strengthened its processes and has been constantly communicating with distributors.
While praising India’s mutual fund sector and its trade body for the stellar work in taking assets under management to Rs 40 lakh crore, SEBI chairperson Madhabi Puri Buch also reminded them that it’s time for more self-regulation.
From poor performance to better buys elsewhere, five mutual fund schemes move out of MC30 to give space to five new ones. But just because your scheme moves out of MC30, doesn’t mean you must always sell it. Fresh inflows can stop, though
While Sebi’s action against alleged front-runner Viresh Joshi, a former chief dealer at Axis Mutual Fund, is commendable, the intricate nature of the operation suggests the catch was more fortuitous than inevitable
Axis MF's Ex-Fund Manager Viresh Joshi, 20 Others Barred from Markets; SEBI Impounds Rs30.56 Crore Wrongful Gain Earned from Front Running moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
The Securities and Exchange Board of India’s ensuing investigation has revealed a maze of connections created by Joshi to perpetrate the front-running.