UBI sells 40% in MF arm to Dai-ichi LifeIndian mutual fund industry has come of age making it attractive for global players.
11 Aug, 2017, 08.35 AM IST
Union Bank of India agrees sale of 40% stake in asset management company with Dai-ichiSpeaking to media soon after the board meeting, Rajkiran Rai, managing director of the bank said that board has given "approval to partner ...
10 Aug, 2017, 06.52 PM IST
CCI okays Union Bank's 49% stake buy in Union KBC AMCThe Competition Commission has approved the state-run Union Bank of India's proposed acquisition of 49 per cent stake in Union KBC Asset Ma...
30 Dec, 2015, 06.42 PM IST
Union Bank to buy KBC Asset Management stake in Union KBC AMCState-run Union Bank of India today said it is buying 49 per cent stake of KBC Asset Management in Union KBC Asset Management.
05 Oct, 2015, 05.44 PM IST
Union Bank acquires KBC stake in Union KBC Asset ManagementKBC Asset Management plans to exit Indian market by selling its stake in the mutual fund business to its joint venture partner Union Bank o...
05 Oct, 2015, 05.04 PM IST
Union KBC AMC wants SIP count to top 1.10 lakh by FY16-endUnion KBC Asset Management Company plans to scale up the number of its Systematic Investment Plans (SIPs) from the current 30,000 to over 1...
24 Jul, 2015, 10.58 PM IST
Union KBC Mutual Fund to launch scheme with in-built profit bookingUnion KBC Mutual Fund today said it will be shortly launching a close-ended equity scheme with a feature of in-built profit booking.
16 Feb, 2015, 10.45 PM IST
Mutual Funds plan more equity-oriented funds to cash in on market rallyIt may be noted that the Sensex has been the best performing index so far this fiscal, rallying by over 32 per cent in dollar terms year-to...
14 Sep, 2014, 03.06 PM IST
Union KBC launches new series of capital protection fundUnion KBC MF manages an average asset under management of Rs 2,266.45 crore by the end of December quarter of this fiscal.
14 Jan, 2014, 06.17 PM IST
Union KBC to launch fund with inbuilt profit booking featureThe new fund offer, Union KBC Trigger Fund-Series 1, will open for subscription on October 14 and closes on October 25, 2013.
09 Oct, 2013, 05.42 PM IST
- Union KBC Asset Allocation Fund - Conservative Plan
Union KBC Asset Allocation Fund - Conservative plan, is an open ended hybrid scheme which will build a portfolio by investing across equiti...
30 Nov, 2012, 12.27 AM IST
- Union KBC launches Capital Protection Oriented Fund-Series 1
By investing a majority of the funds in highly rated debt and money market instruments, the scheme aims to protect the capital at the time ...
03 Sep, 2012, 05.06 PM IST
- Union Bank plans entry into wealth management business
State-owned Union Bank of India plans to enter the wealth management business in partnership with a foreign player to increase its fee-base...
27 Mar, 2011, 11.49 AM IST
- Union Bank gets SEBI nod to set up mutual funds business
State-owned, Union Bank of India has received the approval from the Securities and exchange board of India to start its joint venture mutua...
11 Oct, 2009, 01.09 PM IST
- Union Bank, KBC asset management in JV to launch MF
Union Bank of India has entered into a joint venture with a leading Belgium financial player KBC Group to launch mutual fund business.
07 Nov, 2008, 05.20 PM IST
- Union Bank hopes to start Mutual Funds business by January
Union Bank of India (UBI) expects to launch its mutual funds business by January and is presently working on the shareholders agreement for...
24 Aug, 2008, 09.49 AM IST
- UBI to partner with KBC Group for MF biz
Public sector lender, Union Bank of India (UBI), has chosen Belgium-based KBC group to partner it in its mutual funds business.
27 Dec, 2007, 08.50 PM IST