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Madhu Nair has been appointed as the CEO of Union Mutual Fund, replacing G Pradeepkumar. Nair brings experience from HSBC Mutual, Invesco MF, Kotak MF, and Kothari Pioneer MF. Union Mutual Fund manages assets worth Rs 13,595 crore.
Janakiraman Rengaraju, Chief Investment Officer, Emerging Markets Equities – India, Franklin Templeton India Asset Management Co Ltd, likes power utility companies that are waiting to tap into new energies
Franklin India Bluechip Fund and Franklin India Prima Fund, two of India’s oldest equity funds, compete 30 years. Launched in 1993, these 2 were, at the time, India’s first private sector mutual fund schemes