Blackstone raises up to $960 million for retail credit fund

Top 5 Zacks #1 Ranked Growth Mutual Funds - Best of Funds
NASDAQ
A single minded focus towards capital appreciation is what best characterizes growth funds. This purity of style is further established by the fact that investors can expect few or no dividend pay outs from such mutual funds. But investing in this ...
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Investors favor bond funds after Fed action: ICI
Reuters
NEW YORK (Reuters) - Investors in U.S.-based mutual funds continued to pump money into bond funds while withdrawing the most from equity funds this month after the Federal Reserve announced its new stimulus plan, data from the Investment Company ...
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Blackstone raises up to $960 million for retail credit fund
Reuters
N), the largest publicly listed alternative asset manager, said on Wednesday that it had raised up to $960 million for its third publicly listed mutual fund to invest in corporate credit whose quality is below investment grade. Diversified alternative ...
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Mutual fund houses likely to announce tailor-made schemes
Hindu Business Line
The Government has granted approval for equity mutual fund schemes and exchange-traded funds to be included in the ambit of the RGESS. First-time investors have been defined as those who do not have a demat account or have a demat account but have ...
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Sebi notifies mutual fund reforms
Indian Express
Market regulator Sebi today notified wide-ranging reforms for mutual fund sector, which would provide incentives to fund houses for expanding to small cities but might result in additional costs for investors. The changes, which would come into effect ...
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Religare Mutual Fund may sell stake to foreign financial services firm
Economic Times
Is Religare Mutual Fund set to make a "big announcement" soon? That is the speculation doing the rounds in the mutual fund industry. The buzz is that Religare Mutual, which manages assets worth Rs 11,000 crore, is in talks to sell a stake to a foreign ...
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Market Preview: Stocks Losing Luster
TheStreet.com
According to data from the Investment Company Institute, long-term mutual funds investing in equities saw outflows of $5.16 billion for the week ended Sept. 19, the highest amount in roughly a month. Funds investing in domestic stocks experienced ...
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Amfi may form panel to address direct sale plans
Economic Times
The Amfi general body meeting, scheduled on Thursday, will propose to form a committee to voice the mutual fund industry's concerns over the recently-introduced direct plans to the capital market regulator Sebi. Direct plans allow people to invest in ...
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UTI may start fresh search for full-time chief as shareholders refuse board's ...
Economic Times
NEW DELHI: The hunt for a leader of India's oldest mutual fund is likely to go back to the drawing board, with some of its domestic shareholders refusing to accept its board's recommendation of Sunil Mehta, the head of AIG India, for the post of ...
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