Web Sify
Follow us on
Sify.com » Topics » Mutual
Mutual News

Post-Lehman crisis, minority stake deals in MFs fail to boost assets
At a time when recent minority stake sale deals inked at higher valuations may have provided much-needed grease to the stagnating wheels of the Indian mutual fund industry, similar transactions in the post-Lehman crisis period appear to have gone haywire as far as assets under management (AUM) are concerned. For instance, in July 2009 when Japanese asset management company Nomura picked 35 per cent