25 Sep 2008 | 14:29
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Religare AEGON Asset Management to launch mutual fund business
Religare AEGON Asset Management Company, a joint venture between
Religare and AEGON has received the final regulatory approval from the
Securities & Exchange Board of India (SEBI) to launch mutual fund
business in the country. The AMC is looking at launching its first
product by Nov-Dec 2008 for the Indian retail investor.
Create your free blog and express yourself - http://iwebslog.com
News
- http://central.iwebslog.com
Religare AEGON Asset Management to launch mutual fund business
Religare AEGON Asset Management Company, a joint venture between
Religare and AEGON has received the final regulatory approval from the
Securities & Exchange Board of India (SEBI) to launch mutual fund
business in the country. The AMC is looking at launching its first
product by Nov-Dec 2008 for the Indian retail investor.
Religare
and AEGON have partnered to establish Religare AEGON Asset Management
joint venture. Both partners will have equal ownership in the venture.
The joint venture would offer mutual fund and investment products to
the investing community in India and overseas.
The company made this announcement during the trading hours today, 25 September 2008.
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