Tag

Asset Management

14 articles
Asset management firms are navigating a mixed landscape of earnings results, strategic shifts, and shareholder activity. UTI Asset Management reported a 45% decline in FY26 profit due to voluntary retirement scheme costs, while Aditya Birla Sun Life AMC has been bolstering its leadership team with key appointments in marketing, operations, and passives. Despite some firms experiencing AUM headwinds, like Man Group’s first-quarter decline, others, such as Wealth First, demonstrated robust revenue growth and strategic expansion with the launch of Lakshya AMC. These developments highlight the ongoing need for asset managers to adapt to evolving market conditions and investor preferences, with potential implications for future growth and profitability.
Aditya Birla Sun Life AMC 32nd AGM Notice Dispatch
Aditya Birla Sun Life AMC dispatched AGM notice and annual report via weblink to shareholders without registered email IDs as per SEBI Regulation 36(1)(b). The 32nd Annual General Meeting is scheduled
ICICI Prudential Crosses 5% Stake in CONCOR
ICICI Prudential Mutual Fund disclosed a net acquisition of 44.06 lakh CONCOR shares on June 30, 2026. The fund's total holding increased from 4.67% to 5.24% of CONCOR's paid-up capital, crossing the
Aditya Birla Sun Life AMC FY26 BRSR Report
Aditya Birla Sun Life AMC submitted its mandatory Business Responsibility and Sustainability Report for FY 2025-26 to BSE and NSE, covering ESG performance. The company reported ₹1,830.73 crore turnov
HDFC AMC Q1 FY27 Results Conference Call Intimation
HDFC AMC will host a conference call on July 15, 2026, to discuss Q1 FY27 unaudited financial results. Management participants include MD & CEO Navneet Munot, CFO Naozad Sirwalla, and IR Head Simal Ka
CCI Approves DWS-Nippon Life AIF Management Deal
CCI approved DWS Group's acquisition of a shareholding in Nippon Life India AIF Management Limited. The target company manages alternative assets and SEBI-registered AIFs in India. DWS Group is a glob
Canara Robeco AMC FY26 Net Profit Rises 6.9% to ₹203.8 Cr
Canara Robeco AMC reported FY26 net profit of ₹203.8 Cr, up 6.9% YoY, with revenue growth of 16.6% to ₹424.95 Cr driven by asset management fees. The company declared a final dividend of ₹2.50 per sha
HDFC AMC Board Meeting for Q1 FY27 Results
HDFC AMC board to meet on July 15, 2026 to approve unaudited Q1 FY27 standalone and consolidated financial results. Trading window for designated persons will be closed from July 1 to July 17, 2026 pe
UTI AMC FY26 Profit Declines 45% with ₹40 Dividend
UTI AMC reported FY26 consolidated net profit of ₹404.12 crore, down 44.75% YoY due to VRS costs and lower fair value gains despite 11% AUM growth to ₹23.42 lakh crore. Board recommended final dividen
HDFC AMC 27th AGM Approves ₹54 Dividend, Director Reappointment
HDFC AMC held its 27th Annual General Meeting on June 24, 2026 via video conference, chaired by Deepak Parekh. Shareholders approved all resolutions including adoption of FY26 financial statements and
Motilal Oswal FY26 Annual Report: Financial Results and ESG Initiatives
Motilal Oswal reported consolidated revenue of ₹9,416.42 crore and profit after tax of ₹1,865.43 crore for FY26, with assets under advice crossing ₹6.6 lakh crore. The company published comprehensive
IL&FS Investment Managers FY26 Results with Qualified Audit
Board approved audited FY26 results accompanied by an auditor's report with a qualified opinion due to SFIO investigation and subsidiary issues. Auditors issued a qualified opinion citing inability to
IL&FS Investment Managers FY26 Results with Qualified Audit
Board approved audited standalone FY26 results with a qualified audit opinion due to an ongoing SFIO investigation. Recommended a final dividend of ₹0.70 per share for FY26, subject to shareholder app
Wealth First FY26 Revenue Up 28.7%, Launches Lakshya AMC
Wealth First reported 28.7% YoY revenue growth to ₹68.4 crore in FY26 and a strategic shift to zero equity trading book. The company received SEBI approval for its Lakshya AMC, investing ₹41 crore, an
CAMS Report: Women Investors Drive ₹11.3Tn AUM
CAMS released its 'Going Beyond the Box 2026' report analyzing women's participation in mutual funds, showing ₹11.3Tn AUM and ₹3.0Tn FY26 inflows. Women investors reached 13.2 million with 2.2 million