Quantum Advisors News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The buzz around manufacturing sector is driving AMCs to roll out new funds.

A group led by a Bengaluru-based investment manager has contested ICICI Bank's bid to delist its brokerage arm, ICICI Securities. Despite shareholder support for the merger, retail investors opposed it. The proposed swap ratio and alleged irregularities have sparked objections, with Quantum Mutual Fund urging legal action to protect minority interests.

The private lender's scheme of arrangement to delist ICICI Securities received approval from the subsidiary's public shareholders in a voting process last month.

Ajit Dayal of Quantum Advisors cautions about the dangers of high allocations in smallcap funds due to liquidity concerns and stresses the importance of governance in investments to ensure profitability and mitigate risks in the Indian market. Dayal also says: "European capital for India is also important and European capital is increasingly trying to find alternatives to be in other nations besides China."

V Subramaniam remains positive on the Indian market due to visible earnings growth in the next few years. However, he acknowledges the presence of global and domestic risks that can suppress the market. Valuations are a challenge in certain sectors, but the financial space, banking, and some consumer discretionary names still have reasonable valuations.