Sundaram AMC to acquire Principal Mutual Fund in India
Thu, Jan 28, 2021 9:46 PM

Sundaram AMC to acquire Principal Mutual Fund in India

A Flip by Flipitnews
Get it on Google Play
Sundaram Asset Management Company Limited confirmed the purchase of the asset management businesses of Principal Asset Management Pvt. Ltd. Sundaram will acquire the schemes managed by Principal Asset Management and acquire 100% of the share capital of Principal AMC, Principal Trustee Company Pvt. Limited and Principal Retirement Advisors Pvt. Ltd.

More great flips

India’s economic growth backed by strong investment demand: RBI Bulletin

India’s economic growth backed by strong investment demand: RBI Bulletin

The country’s domestic growth activity remains resilient, backed by strong investment demand and upbeat business and consumer sentiments, the Reserve Bank of India (RBI) said in its April 2024 bulletin on April 23. “Domestic economic activity remains resilient, backed by strong investment demand and upbeat business and consumer sentiments,” it said.

Open Flip
Irrational Capital's HAPI Is Outperforming the S&P 500

Irrational Capital's HAPI Is Outperforming the S&P 500

Growth - Stock Chart - PerformanceAn ETF issuer that picks its holdings based on how employees feel about where they work has been quietly outperforming the S&P 500 for the past 16 months.Irrational Capital's Harbor Human Capital Factor US Large Cap ETF (HAPI) rose 12.3% in the first quarter of 2024, beating the S&P 500’s 11% gains. HAPI's 30% increase in 2023 also surpassed the index.

Open Flip
Investors Love This Under the Radar Emerging Markets ETF

Investors Love This Under the Radar Emerging Markets ETF

Invest in India ETFsThe iShares MSCI Emerging Markets ex China ETF (EMXC) has quietly become one of the largest emerging markets exchange-traded funds.This year, investors have pushed $3.8 billion into the ETF, the largest inflows for any emerging markets ETF by far.That’s taken the fund’s assets under management to $12.5 billion, making it the fourth-largest U.S.-listed EM exchange-traded fund.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon