Puneet Chaddha

HSBC has appointed Ravi Menon as the chief executive of its asset management arm in the country, after the elevation of Puneet Chaddha as business head for South East Asia.

MF industry's asset base grows by Rs 1 lakh crore in 2013

MF industry's assets under management hit a record high of Rs 9.58 lakh crore in August 2013 and have remained near Rs 9 lakh crore as the year draws to a close.

HSBC AMC: Attempting to get back on track

The fund house has numerous issues to battle with. This month will complete two years since the current CEO took over. While changes have been made, a lot more needs to be done.

MFs confused over new norms, struggling for clarity

SEBI's revival plans for the mutual fund sector have not only garnered mixed reactions from the industry, but created confusion, especially with the implementation of total expense ratio on schemes outside the top fifteen cities.

'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.

HSBC India appoints Sandeep Uppal as MD & Head Commercial

HSBC India today announced the appointment of Sandeep Uppal as Managing Director & Head, Commercial Banking.