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Mutual funds wrap: Would SEBI direct BoB and BNP Paribas MFs to consolidate schemes post merger?
October 12, 2019 | By Moneycontrol.com
business
In December 2017 SEBI pushed further steps towards schemes consolidation through a Categorization and Rationalization of schemes within an AMC to keep clear cut distinct and simply understandable schemes.
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State-run Bank of Baroda-owned Baroda Asset Management Company (AMC) and BNP Paribas AMC on Oct 11 announced merger to form an asset management joint venture. However, the merger is subject to regulatory and other legal approvals. BNP Paribas Asset Manageme
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