White Oak Capital delivers strong performance to clients globally
With its operations based across India, Singapore, Mauritius, UK, and Switzerland, White Oak has attracted among the largest Foreign Portfolio Investment inflows into India over the last three years.
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White Oak Capital is an investment management and advisory firm established by Mr. Prashant Khemka in June 2017, with the vision of building a performance-centric organization that has a strong investment culture. With its operations based across India, Singapore, Mauritius, UK, and Switzerland, White Oak has attracted among the largest Foreign Portfolio Investment inflows into India over the last three years. White Oak group entities collectively have Assets Under Management (AUM) of $3.8 billion with, a global client base that includes sovereign wealth funds, pension plans, endowments, individuals, and family offices investing into India through a combination of separately managed accoun
The assets under management (AUM) for domestic mutual funds (MFs) have grown at a good clip, but the industry has failed to make significant inroads in the hinterlands. At the end of March 2021, the AUM from T30 (top 30) cities stood at Rs 26.07 trillion, while that from the so-called B30 (beyond 30) cities stood at just Rs 5.36 trillion. The share of B30 cities has remained in the range of 15-17 per cent of the AUM since FY19. Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors. Further, the industry will have to focus on investors’ education and the creation of more infrastructure. Market participants say barring a few top players, the industry may not be able to afford this.
Passive mutual funds gaining traction, but active funds here to stay
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Kalpen Parekh, President at DSP Mutual Fund, said the choice of passive funds is more institutional in nature.
ETMGS 2021 Day 2: Active and passive funds are going to co-exist in Indian market, say fund managers
NEW DELHI: Passive funds are gaining traction, but fund managers believe active and passive funds are going to co-exist in the Indian market.
It’s not active or passive, but active and passive, say industry captains. “While passive funds are simple and convenient, active fund managers with skills and temperament would keep delivering alpha, going forward,” they argued at the
ETMGS 2021 to see best of global, D-Street brains ideate on Budget & markets
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Last Updated: Jan 19, 2021, 05:28 PM IST
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ETMarkets Global Summit, Dalal Street s most awaited event, goes virtual this year in view of the Covid-19 pandemic. The event kicks off on January 20, Wednesday
ETMarkets.com
Jim O Neill is known for his long-term macro forecasts. Two decades back, he coined the term ‘BRICS’ and saw the bloc emerging as a powerhouse. But then, does a short-term worry like the forthcoming tapering by the global central banks bother him? The British economist is going to depict some scenarios as to how he expects this round of stimulus withdrawal to pan out in 2021 and beyond at this year s