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BNP Paribas to exit wealth management biz in India
In 2018, the BNP unit was the largest foreign wealth manager with $13.79 billion AUM; Wealth management clients will be referred when appropriate to group co Sharekhan, which is also planning a discount broking arm
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By rushing to give indemnity to trustee directors amid the ongoing legal cases, Franklin Templeton has added fuel to the fire
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Fund Houses: Aditya Birla Sun Life AMC Limited | Axis Asset Management Company Ltd. | BNP Paribas Asset Management India Private Limited | BOI AXA Investment Managers Private Limited | Baroda Pioneer Asset Management Company Limited | Canara Robeco Asset Management Company Limited | DHFL Pramerica Asset Managers Private Limited | DSP Investment Managers Private Limited | Edelweiss Asset Management Limited | Essel Finance AMC Limited | Franklin Templeton Asset Management (India) Private Limited | HDFC Asset Management Company Limited | HSBC Asset Management (India) Private Ltd. | ICICI Prudential Asset Management Company Limited | IDBI Asset Management Ltd. | IDFC Asset Management Company Limited | IIFL Asset Management Ltd | Indiabulls Asset Management Company Ltd. | Invesco Asset Management (India) Private Limited | JM Financial Asset Management Limited | Kotak Mahindra Asset Management Company Limited | L&T Investment Management Limited | LIC Mutual Fund Asset Management Limited | Mahindra Asset Management Company Pvt. Ltd. | Mirae Asset Global Investments (India) Pvt. Ltd. | Motilal Oswal Asset Management Company Limited | Principal Pnb Asset Management Co. Pvt. Ltd. | Quant Money Managers Limited | Quantum Asset Management Company Private Limited | Reliance Nippon Life Asset Management Limited | SBI Funds Management Private Limited | Sahara Asset Management Company Private Limited | Sundaram Asset Management Company Limited | Tata Asset Management Limited | Taurus Asset Management Company Limited | UTI Asset Management Company Ltd | Union Asset Management Company Private Limited

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