Latest Updates Around The World
ICICI Prudential Asset Management Company has stopped fresh inflows into its Passive Multi-Asset Fund of Funds as it does not fit the fund classifications prescribed by market regulator SEBI The ICICI Pru Multi-asset FoF invests in domestic equities and debt, foreign equities and gold. However, SEBI stipulates that a multi-asset FoF cannot mix foreign and […]
Nimesh Shah, Managing Director, ICICI Pru AMC and Sandeep Batra, Chairman, at the company’s IPO press conference in Mumbai. Prudential Corporation Holdings will have to dilute another 15 percent in ICICI Prudential Asset Management Company over the next five years to meet the minimum public float standard of 25 percent. Currently, Prudential Corporation Holdings plans […]
