The company shared the new logo and name with its investors over mail today.

Principal Financial Group has completed the full share buy-back of PNB’s shares giving Principal full ownership of the Principal Pnb AMC.

It is going to be very choppy before elections, says the CIO of Principal PNB AMC.

Its 33 per cent stake in the listed housing finance company is expected to fetch Punjab National Bank (PNB) about Rs 6,600 crore.

"Valuations of the market look at the valuations, the markets are probably 18 odd times FY20 earnings."

“In the last two to three quarters we have cut our underweight position substantially.”

“We have 4% to 5% of our portfolio in metals which still looks reasonably constructive”

“PNB cannot sell the entire stake in the listed mortgage company because of the lock-in until November 7, 2019,” said a source aware of the...

“Markets have come so far so fast but you will still make decent returns over the medium term.”

'In the near term, the worst of the action is behind us and we are quite positive,' says Rajat Jain

The Principal Financial Group and its Indian asset management arm - Principal Pnb Asset Management on Tuesday reiterated its commitment to ...

Systematic transfer plan (STPs) help mitigate risk arising from volatility or improve the fund's returns in a boom.

Principal PNB AMC on Thursday announced a strategic partnership with Triveni Kshetriya Gramin Bank for distribution of its mutual fund prod...

The Reserve Bank of India, in its October policy review, has raised the ceiling for overseas investment by mutual funds from $2bn to $3bn.

Canara Bank is expected to announce the name of its asset management partner before December. MBN Rao, the bank’s CMD, said a formal announ...

For years, asset management companies (AMCs) that have their own banking arm for distribution of mutual fund products has claimed an extra ...

The Indian mutual fund industry witnessed a net inflow of about Rs 22,730 crore in July ’06, an 8.56% rise over Rs 2,65,536 crore worth of ...