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ICICI Prudential AMC to buy ISecs' PMS biz

Mumbai: ICICI Prudential Asset Management Co said its board has approved the acquisition of the portfolio management services (PMS) business of ICICI Securities through a slump sale.The PMS business caters primarily to high net worth individuals (HNIs) by providing professionally managed and customised investment solutions.Also read: Banks' Rs 20,000 crore credit guarantee plan misses the markThe PMS platform offers a diversified range of investment strategies across discretionary, non - discre…

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Economic TimesLean R·2h ago
ICICI Prudential AMC to buy ISecs' PMS biz
Mumbai: ICICI Prudential Asset Management Co said its board has approved the acquisition of the portfolio management services (PMS) business of ICICI Securities through a slump sale.The PMS business caters primarily to high net worth individuals (HNIs) by providing professionally managed and customised investment solutions.Also read: Banks' Rs 20,000 crore credit guarantee plan misses the markThe PMS platform offers a diversified range of investment strategies across discretionary, non - discre…
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ICICI Prudential AMC to buy ISecs' PMS biz

How 1 sources are covering this

ICICI Prudential AMC to buy ISecs' PMS biz

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