Aug 10, 2015
Pramerica acquired Deutsche MF in India
Pramerica acquired Deutsche MF in India
Deutsche MF business in India acquired by Pramerica
Mutual Fund sector witnessed fifth exit of foreign fund house in two years from India on 7 August, as Pramerica Mutual Fund (MF) a company affiliated to US based Prudential Financial Inc. buys out German Deutsche Bank Group’s MF business in India for 400 crore rupees.
Deutsche MF with 20,720 crore rupees assets under management (AUM) is the…
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