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.
Indian prime minister Narendra Modi has said that tax administrators should use data analytics to track undeclared wealth and set clear targets for improving tax administration by 2022.
Though it might be tempting to view today’s India as yesterday’s China, Rathbones’ head of asset allocation Ed Smith thinks the region’s growth prospects could be even greater based on five key indicators.
The number of mainland Chinese candidates sitting the Chartered Financial Analyst (CFA) exams once again exceeded those in the US, with 152,000 people sitting the exams globally.
Indian life company Reliance Nippon Life Insurance is looking to expand its distribution network through a series of takeovers of bank-owned life insurers, a top company official told analysts.
Non-resident Indians around the world will have to disclose offshore bank account details in tax returns for the first time this year, as part of a tough transparency crackdown by their home country’s tax office.
India’s Nifty 50 index has been steadily climbing this year, hitting an all-time high of 9,675 earlier this month, but can it breach the 10,000 barrier?
Domestic reforms and global growth are opening India back up as an investor hotspot and Neptune India Fund manager Kunal Desai believes this is India’s new dawn and the recovery of its corporate earnings is just the beginning.
Standard Life lost £5m (€5.9m, $6.4m) last year from its wholly-owned business in Hong Kong as it confirmed that more than 800 jobs will be lost after it merges with Aberdeen Asset Management.
India’s largest lender, the State Bank of India (SBI), has announced that it is looking to sell a 10% stake in a life insurance joint venture with SBI Life, as it prepares to launch an initial public offering (IPO).
WisdomTree has launched accumulating and distributing share classes of its India Quality Ucits ETF (EPIQ), which offers smart beta exposure to Indian stocks with a focus on above average returns on assets (ROA) and return on equity (ROE).
Integrity in finance is a global concern but the ethics journey differs country to country, say key members of the Chartered Institute for Securities & Investment (CISI).
