India's markets regulator probes Axis Asset Management | Business and Economy News
Axis AMC, which is India’s seventh largest asset manager, is being probed for alleged front-running by two officials.
Source: aljazeera.com
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Schroders' $32 Billion India Partner, Axis Asset Management, Faces SEBI Probe
The Indian partner of global money manager Schroders Plc is under investigation by the countrys capital markets regulator for alleged front-running by two of its officials, according to people familiar with the matter.
Source: ndtv.com
Axis MF says probe on since Feb, two fund managers suspended
According to reports, Axis Mutual Fund has changed the fund manager for as many as seven schemes.
Source: businesstoday.in
Axis MF Trustees and Directors of the AMC Need to Come Clean on Rumours About Massive Malpractices
Axis Mutual Fund has removed its head trader Viresh Joshi as fund manager from five schemes. Similarly, Deepak Agarwal, the assistant fund manager for equity at Axis MF, is no longer part of schemes like Axis Consumption ETF, Axis Quant Fund, and Axis Value Fund.
Source: moneylife.in
Axis MF changes fund managers amid alleged violations
Among those who have been removed as fund managers are Chief Trader & Fund Manager Viresh Joshi and Assistant Fund Manager Deepak Agrawal. While Joshi has been with Axis MF since 2009, Agarwal joined the fund house in 2015 as an equity research analyst.
Source: businesstoday.in