Sebi agreed to settle proposed adjudication proceedings in the case after it was approached by JP Morgan Asset Management India Pvt Ltd, JP Morgan MF and JP MF India Pvt Ltd with a plea under the settlement regulations "without admitting or denying the findings of fact and conclusion of law".
Ian Hui, Global Market Strategist, JPMorgan Asset Management talking about the impact of US Presidential pre-elections debate on global market, said if Hillary Clinton comes into power then markets may take it more favourably than if Donald Trump comes into power.
JP Morgan AMC's Ian Hui also says that the major corrections seen in the Asian markets today, are mainly lead by fears of Britain leaving Eurozone.
Supportive measures from central banks, dovish reaction from the Fed meet and weakening USD have calmed worries in EMs, says Ian Hui, Global Market Strategist at JPMorgan Asset Management. There could be profit-booking in the aftermath of the attacks, he says.
Until the Fed rate hikes next week, global markets are likely to remain quiet and consolidate, says Ben Luk, Global Market Strategist, JPMorgan Asset Management.
Ian Hui, global market strategist at JPMorgan Asset Management says the attitude of global funds towards emerging markets will continue to remain cautious considering China, strong dollar are still worrisome
The US Fed kept rates unchanged on Wednesday while explicitly saying it intends to move off its zero rate policy. Speaking about the sudden overt reference to rate revision in December, Ian Hui, Global Market Strategist at JPMorgan Asset Management said he assigns a 45 percent chance of a rate hike in December.
China's increasingly volatile markets may upstage Greek concerns in the session, after that country's securities market regulator said it had opened an investigation into suspected market manipulation after a slump of more than 20 percent in Chinese stocks since mid-June.
Germany is making contingency plans for the possible departure of Greece from the euro zone. Speaking to CNBC-TV18, Lewis says the probability of Greek exit is low and is around sub-10 percent.
Richard Titherington, MD & Head - Global Emerging Markets, JPMorgan Asset Management says earlier when the tapering talks had just started, EM currencies reacted rather violently. But now, with them being forewarned, EM currencies will still be under pressure but the reaction won‘t be as dramatic.
After a 14 percent decline in the MSCI emerging markets index this year, the index is trading on just 10 times forward earnings, below its 10-year average of 11 times and cheaper than the S&P 500 on 14 times, according to recent numbers from JPMorgan Asset Management.
Geoff Lewis of JPMorgan Asset Management highly doubts that the Fed will go for a third round of QE as he believes the US economy is enjoying a slow recovery.
After yesterday's ECB's meeting which did not talk of any further LTRO, Geoff Lewis, ED, JPMorgan Asset Management says, the central bank is more dovish in its strategy now but it doesn't want to continue underrating markets.
In an interview with CNBC-TV18, Geoff Lewis of JPMorgan Asset Management gives his take on how he views the Indian market and gives his perspective on the dollar-rupee.
CNBC-TV18's managing editor Udayan Mukherjee spoke to JPMorgan Asset Management’s Richard Titherington about the changing global landscape in these troubled times.
Geoff Lewis, head of investment services at JPMorgan Asset Management believes a USD 10 price rise in crude will not derail economic recovery.