Kolkata, Dec 22: Non-banking financial services firm Peerless General Finance and Investment Co. Monday announced that it has got the preliminary in-principle approval from the market regulator Securities and Exchange Board of India (Sebi) to start an asset management company.

Mumbai, dec 22 : Tarun Ghulati has been appointed the new CEO of UTI International Limited, a 100 per cent subsidiary of UTI Asset Management Company Limited (UTI AMC), the third largest company of its kind in India with the largest investor base of more than 9.5 million.

KOLKATA: The Peerless General Finance and Investment Company has received in-principle approval from the Securities and Exchange Board of India to set up asset management company. According to a release, the company has appointed Akshay Gupta ...

Resource America, Inc., a specialized asset management company with $18 billion of assets under management, announced today that its property management subsidiary, Resource Residential, surpassed the 12,000 apartment units property managed milestone within 49 multifamily properties. Resource Residential was established in October 2007 to assume the management of the properties in Resource Real ...

Large-scale redemptions across funds and strained finances are forcing mutual funds in India, such as Fidelity Mutual Fund and Edelweiss Asset Management Company, to cut employees as part of cost saving.

Arminio Fraga was president of the Central Bank of Brazil from 1999 to 2002. He has sometimes been called the Alan Greenspan of Latin America, though that comparison may not sit well these days as Greenspan comes in for his share of the blame for the global financial crisis. In 2001, Fraga founded the Rio de Janeiro-based Gávea Investimentos, an independent asset management company. It operates ...