BANKING

Union Mutual Fund, sponsored by Union Bank of India and Daiichi Life, aims to add at least 50 per cent more to the AUM this fiscal year and achieve Rs 15,000 crore by March. Despite having 22 funds, the MF could not reach its targets since its launch in 2012. The Chief Executive, G Pradeepkumar, said the company has plans to launch an AIF and is already managing an offshore fund for Daiichi.

from Banking/Finance-Industry-Economic Times https://ift.tt/YMn08KE
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