Hsbc Amc

The regulator re-examined whether L&T Asset Management, now HSBC AMC, had adequately recorded reasons for investment decisions that led to losses of over Rs 42 crore.

HSBC AMC India, four trustees settle with Sebi by paying Rs 23.9 lakh

The regulator had issued a showcause notice to them about the use of funds of one scheme by another scheme of the mutual fund

CCI approves buying of L&T AMC by HSBC AMC

The proposed combination relates to acquisition of 100% equity share capital of L&T AMC by HSBC AMC from L&T Finance Holdings Limited (L&T Sponsor/Seller) and its nominees.

HSBC AMC to acquire L&T AMC for $425 million

HSBC AMC will acquire 100 percent equity shares of L&T Investment Management Limited, which is a wholly-owned subsidiary of L&T Fin Holdings – the investment manager of L&T Mutual Fund.

Mkts will rally before earnings turn around: HSBC AMC CIO

The Indian earnings story has been delayed inordinately and may take another two quarters at least to come through but markets will start discounting them before that, says Tushar Pradhan, CIO at HSBC Global Asset Management (India).

EPFO trustees okay upping age limit to 60

EPFO trustees okay upping age limit uAt present, a formal sector worker covered under the EPS-95 can make contributions towards pension scheme till the age of 58 years and can claim pension thereafter. nder pension scheme to 60

RBI policy pragmatic; macro woes to pull mkt lower: Expert

going ahead market will take cues from the fact that RBI is quite accommodating from a growth point of view, says Tushar Pradhan, CIO, HSBC AMC.

India offers best balance of value, profitability: HSBC

Nick Timberlake is upbeat on India among BRIC nations due to the strong combination of profitability and value offered by the large number of companies present in the country.

Mkt fundamentals not better than before; bet on OMCs: HSBC

Tushar Pradhan, CIO, HSBC AMC believes that global fund flows are the main reason for the rally in Indian market and expects India to be on investors‘ radar if global fund flows continue.

2013 to be a happy year; Sensex may hit 21000: HSBC AMC

In an interview to CNBC-TV18, Tushar Pradhan, CIO of HSBC AMC says the market may see a new high in 2013. "I think that is partly due to the fact that even a very simple mid-teen growth from hereon will take you there because the past peak was about 21,000," he elaborates.

'SEBI move to structurally alter nature of MF industry'

The market regulator granted asset management companies (AMCs) flexibility on fees by allowing them to charge up to 30 basis points more as total expense ratio (TER) across schemes from inflows from smaller towns beyond the top 15 cities. S Ramesh, Joint MD of Kotak Investment Banking and Puneet Chaddha CEO of HSBC AMC welcome this move.

There is no case for de-rating of India: HSBC AMC

There is no case for de-rating of India, says Tushar Pradhan, CIO of HSBC AMC. "If you look at each of the other comparative markets, the ROE for Indian companies has sustainably remained much higher than any of the other markets. I think for that reason alone, which is intuitive, you should deserve a premium," he asserts.

Post CRR cut, will market rally go on? Experts debate

If Indian investors were looking out for some cushioning to play the market today, they got it in the form of a 50 basis point Cash Reserve Ratio (CRR) cut, courtesy the RBI.

Nifty not out of woods yet, to break on downside: Experts

The Indian market, extending Friday’s rally, outperformed the global peers. It was a day for the bulls as the markets held on to their gains from the word ‘go’, pushed ahead by stable global cues.

Market to be volatile; see pressure on earnings: HSBC AMC

The market has been volatile over the last few sessions. In an interview to CNBC-TV18, Tushar Pradhan, chief investment officer of HSBC AMC said, he expects the volatility to continue. Pradhan says, the earnings will remain under pressure.

Market to muddle along for a while; RBI meet key: HSBC AMC

In an interview to CNBC-TV18, Tushar Pradhan, CIO of HSBC AMC said, the market will just muddle along for a while.

EPFO to appoint custodians of investments other than AMCs

Retirement fund body EPFO today decided to appoint separate custodians of its investments and extended the deadline of appointment of fund managers by two months to August 31.

RBI least likely to stress over growth moderation: HSBC AMC

While investors and analysts are keeping a watch on the mid-quarter policy review, Tushar Pradhan, CIO of HSBC AMC expects the central bank to go ahead with a 25 bps hike since it has been factored in the market.

EPFO won't look at past performance while making new AMCs

Retirement fund body EPFO will not take into account the past performance of previously engaged ICICI Pru, HSBC AMC, SBI and Reliance Capital while finalising the new asset management companies (AMCs) for managing its Rs 3 lakh crore corpus.

Don't see any fundamental weakness to earnings: HSBC AMC

In an interview with CNBC-TV18, Tushar Pradhan, CIO of HSBC AMC, spoke about the RBI credit policy meet and his outlook.