MF News

The tenure of Tauras MF’s current CEO Waqar Naqvi is believed to be ending soon.

Traditional advisors have faced difficulties in growing scale as reaching clients beyond top tier cities has been a challenge.

The portal aims to help sub-brokers of Prudent cut down paperwork and manage their tasks more effectively.

Watch the repeat telecast of CIO Roundtable on CNBC TV 18.

The company’s revamped online software ‘ifanow’ aims to be a one-stop solution for advisors.

The industry has added close to 3.80 lakh folios across all categories in May, show SEBI data.

The regulator has urged public to look at the list of SEBI RIAs and research analysts before seeking any investment advice from individuals and entities.

Increased focus towards grievance redressal helped as many as 22 fund houses witness a decline in investor complaints.

To assess the appetite for financial wellness programs among employers and financial advisors, a research conducted by financialplanning.com shows that employers are deeply concerned about their employees’ financial stress but don’t know much about financial wellness programs that could help them.

India will have investible corpus of $1.5 trillion by 2025, providing a huge opportunity to the wealth managers.

Also, only 3% of the total net worth of Ultra HNIs are currently managed by advisors, implying a huge untapped opportunity for wealth managers, finds Cafemutual - EY report called ‘Winds of change – wealth management reimagined’.

The report will give fresh insights on key issues of the wealth management industry like balancing interests of all stakeholders, impact of robo advisors and ensuring growth and development.

As on May 2016, its equity AUM stood at Rs. 11,159 crore.