Asset Management Business definition
Examples of Asset Management Business in a sentence
In order to integrate the Fund Management Business and Asset Management Business, the entire equity shareholding of IIFL Asset Management Limited (Investment Manager to IIFL Mutual Fund – ‘IIFL AMC’) and IIFL Trustee Limited (Trustee to IIFL Mutual Fund – ‘IIFL Trustee’) held by IIFL Holdings Limited was transferred to its subsidiary IIFL Wealth Management Limited (IIFL Wealth), on October 18, 2013.
The ten calendar day period starts the earliest of: (i) the day you are notified by Compliance that you are a Covered Person, (ii) the day you have access to certain nonpublic information of the Asset Management Business, including any clients’ purchase or sale of securities, portfolio holdings of any Reportable Fund, or analyst recommendations or (iii) the day you are hired by the Asset Management Business.
The ten calendar day period starts the earliest of: (i) the day you are notified by Compliance that you are a Covered Person, (ii) the day you have access to certain nonpublic information of the Asset Management Business, including any clients’ purchase or sale of securities, portfolio holdings of any Reportable Fund, or analyst recommendations or (iii) the day you begin working within the Asset Management Business.
Further, MOFSL, along with its subsidiaries, offers a diversified range of financial products and services such as Loan against Shares, Investment Activities, Private Wealth Management, Broking and Distribution, Asset Management Business, Housing Finance, Institutional Equities, Private Equity and Investment Banking.
BackgroundInvesco Global Equity Income Fund was formerly named Morgan Stanley Global Value Equity Fund, and it became Invesco Global Value Equity Fund in 2010 as part of Invesco’s acquisition of Van Kampen Investments/Morgan Stanley Retail Asset Management Business.