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Market movers: Is it the beginning of consolidation in the MF industry?

Market movers: Is it the beginning of consolidation in the MF industry?

On Thursday, HSBC Asset Management, which is a minor player in the industry, said it will acquire the 12th largest mutual fund house in the country: L&T Mutual Fund. HSBC said it plans to be a leading player in the country.


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24 December 2021, 14:08