Nippon Life India AMC: Improved Market Share and Cost Savings Lead to Performance Pick Up
On sustained cost controls and improved outlook, we maintain our Buy rating with a target price of Rs 455 (30x FY23E EPS), implying an upside of 12%.
117 Views
Asian Insurers – Mea, Mea EIOPA
ASIA INSURERS: On April 3, 2020, EIOPA temporarily suspended capital management activities," but just reversed course. Many Asia-Pacific insurers...
239 Views
UTI Asset Management IPO Trading - Tepid Response, as Expected
UTI Asset Management (UTIAMC IN)’s (UTIAMC) shareholders aim to raise around US$300m by reducing their stake via the company’s Indian...
272 Views
UTI Asset Management IPO - Probably Not Cheap Enough
UTI Asset Management’s (UTIAMC) shareholders aim to raise around US$300m by reducing their stake via the company’s Indian IPO. UTIAMC is the...
369 Views
HDFC AMC Placement/OFS - Forced to Sell, but It's Not the Best of Times to Be Selling or Buying
Standard Life (SL/ LN) aims to raise up to US$200m (US$400m if including upsize option) by selling 2.8% stake in HDFC Asset Management Co Ltd...
423 Views