Friday, March 14, 2008

Indian Mutual Funds News 14 March 2008


Sensex down 770; dollar dive against yen impacts markets
Hindu Business Line - Chennai,India
There was a marked lack of domestic buying support, with both mutual funds and insurance companies not participating in any substantial way, said marketmen. ...

SBI MF to launch Real Estate Equity Fund
Business Standard - Mumbai,Maharashtra,India
PTI / Mumbai March 14, 2008 The SBI Mutual Fund on Thursday filed the offer document with the Securities and Exchange Board of India (Sebi) for launching a ...

Rupee recovers from intra-day low, closes a tad higher
Business Standard - Mumbai,Maharashtra,India
Mutual funds were the buyers, mostly in three year and five year maturity papers for earning interest rate differential. These papers included Indian ...

MIPIM 2008: Strutts teams up with Old Mutual for $1bn Indian fund
Property Week News - London,England,UK
Strutt & Parker has teamed up with a major insurance firm to launch a $1bn (£498m) fund investing in Indian retail property. By Jennifer Rigby Strutt's ...

Indian fund management biz to grow 33%: study
India Infoline.com - Mumbay,India
Mutual funds and portfolio management services (PMS) will be the key drivers, the report titled 'Indian Asset Management: Achieving Broad-based Growth' ...

BlackRock Re-Opens International Opportunities Fund to New Investors
Business Wire (press release) - San Francisco,CA,USA
The team is responsible for managing a suite of equity mutual funds that also includes the BlackRock Global Opportunities Fund, BlackRock US Opportunities ...

UPDATE 1-Morgan says reviewing US retail funds strategy
Reuters - USA
Earlier on Wednesday, Miller was also named by Morgan's mutual fund subsidiary Van Kampen Investments as president and chief executive to succeed Kiley. ...

ABN AMRO MF plans Infrastructure Fund
Myiris.com - Mumbai,Maharashtra,India
ABN AMRO Mutual Fund plans to launch ABN AMRO Infrastructure Fund, an open ended equity scheme and has filed an offer document with the market regulator ...

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