Asset base of portfolio managers grows to Rs 11.5 lakh crore by Sept-end
Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities surged to over Rs 11.5 lakh crore in the Indian capital market at September-end.
Oct 19, 2016, 14:05 PM ISTInvestors pull $4 billion from hedge funds amid lacklustre returns
Wealthy investors protested the hedge fund industry`s recent lacklustre returns and high fees by pulling a net $4 billion out of the $2.5 trillion industry during the first two months of 2015, data released on Tuesday show.
Apr 08, 2015, 08:47 AM IST