Are asset managers irrational in not listing their booming businesses?
Despite record inflows, AMC stocks have not delivered strong returns. Moreover, the best AMCs are not listed and may never opt to be, for good reason.
February 22, 2024•7 min
0
February 22, 2024•7 min
0
More in Business
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
You may also like
Internet
Aditya Birla Capital’s digital makeover is glitchy, expensive
The financial services major is being weighed down by its digital arm’s lacklustre performance.
Business
SBI Mutual Fund gains at the cost of its parent
India’s largest lender is going out of its way to grow its mutual fund business at the cost of shareholders, raising questions of corporate governance.
Business
Star manager’s impending retirement threatens to stymie ICICI Pru MF’s race to the top
Sankaren Naren’s risk-adjusted returns strategy has worked wonders for the fund house, putting it within reach of the top spot. The good run now hinges on a clear succession plan.








