The regulator had initiated adjudication proceedings to inquire about the alleged violation of the code of conduct and mutual fund regulations by JP Morgan Asset Management India Pvt Ltd, JP Morgan MF and JP MF India Pvt Ltd and also to inquire into alleged violation mutual fund norms by Surti.
US economy strengthening in 2017 will have a negative impact on emerging markets (EMs), said Mixo Das of Nomura. However, in the near-term, EMs are likely to underperform the developed markets.
Italian Referendum on the upcoming weekend would not have an impact on global markets as Brexit or US elections had is the word coming in from Ian Hui, Global Market Strategist, JP Morgan Asset Management.
In an interview with CNBC-TV18, Ian Hui of JP Morgan Asset Management said that with this fiscal package there won't be any immediate effect on the Japanesee economy and the GDP growth.
Emerging markets, including India, have performed better than developed markets recently, and the rally may have more legs to go, says Ian Hui of JP Morgan Asset Management.
After the RBI‘s monetary policy meet today, Ian Hui told CNBC-TV18 that foreign investors will not pull out of India because of governor Rajan‘s exit.
India should continue to benefit from the ongoing reform agenda. It still has very attractive characteristics and unlike many of the other Asian countries the levels of household leverage is quite low. The problem is that valuations are expensive. Upside is minimal, if at all, at current levels.
The US Fed meeting has been called to review and determine advance and discount rates under "expedited procedures" by the Board of Governors, says Ian Hui, Global Market Strategist, JP Morgan Asset Management.
The catalyst for outperformance of Indian market depends on earnings and positive news on the reforms front, says Ian Hui, Global Market Strategist, JP Morgan Asset Management.
Ian Hui, Global Market Strategist of JP Morgan Asset Management says the Fed will closely monitor the US economy trend and will look for market stability.
Ben Cavender, Principal, China Market Research Group (CMR) says the market is witnessing what was expected. But Ben Luk, Global Market Strategist at JP Morgan Asset Management, says the GDP data is worse than expected and the government needs to do a lot more
Falling inflation has not only made India a favourable investment destination but will also give RBI room to cut interest rates, says Ben Luk, Global Market Strategist, JP Morgan Asset Management.
Ian Hui, global market strategist at JP Morgan Asset Management expects volatility for emerging markets post Fed rate hike.
Ian Hui Global Market Strategist JP Morgan Asset Management does not expect any major policy decisions from most of the Central Banks across the globe.
The government has disappointed somewhat with their various measures for ease of business, infrastructure investments, various policy measures, but they are still progressing fairly and so we are still positive overall, says JP Morgan Asset Management's Ian Hui
Ian Hui, Global Market Strategist at JP Morgan Asset Management is worried about the China slowdown weighing on emerging markets but does not think India would be impacted that badly because the country does not have too many trade links with China.
Ben Luk of JP Morgan Asset Management says the Chinese government needs to push through further monetary and fiscal measures to tide over the crisis. However, the likelihood of further intervention in the equity markets is rather low.
Noriko Kuroki of JP Morgan Asset Management is betting big on China-H shares and technology companies in Taiwan, but also expects the prolonged dismal earnings season in India to revive in H2FY16.
JP Morgan received capital markets regulator Sebi's approval to start MF business in India in February 2007. It had average AUM of Rs 14,123 crore at the end of December 2014.
Geoff Lewis, ED, JP Morgan Asset Management says a lot of QE money will flow into emerging economies including India. Now FOMC is also expected to maintain its stance since Yellen and the dovish camp are firmly in control.
Watch the interview of Supreet Bhan, Executive Director & Head – Retail Sales, JP Morgan Asset Management on CNBC-TV18, in which he shared his reading and outlook on equity savings plan.
Fund managers feel Europe is in recovery mode and is at the same level where the US was in 2011.
Hedge funds and foreign institutional investors (FII) are moving some money away from US equity market, and also from Europe into these cheaper EMs where they see value, says Geoff Lewis, ED, JP Morgan Asset Management.
A four-day meeting of China`s top leaders concludes on Tuesday and expectations are high that Beijing is likely to use the opportunity to unveil the next wave of major economic reforms in the world`s second biggest economy.
Rukhshad Shroff, Investment Manager in India Country Specialist at JPMorgan Asset Management believes an Asian fund of a global emerging market fund have been the main contributors to the liquidity.