Standard Life sells 5% stake in HDFC Life
Remaining shareholding is now 3.89%
HDFC
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SBI chief investment officer to head up HDFC Mutual Fund
Outgoing managing director ‘expressed desire not to seek extension to his current term’
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PEOPLE MOVES: HDFC Bank, Nippon Life, BowerGroupAsia
Three senior appointments in the Indian financial services and investment industry
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Partnerships key to growing AUM in India
A strong local partnership is an important part of building up assets under management in India, with eight of the 10 largest fund managers in the country being joint ventures, according to a report from Boston-based research firm Cerulli Associates.
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Standard Life posts rise in offshore bonds, expands in India
Standard Life has reported a small rise in assets held in offshore bonds on its wrap platform as part of its strong set of half year results for 2016, which also included details of the company’s expansion into India’s private pension market.