Canara Bank of India and Robeco to launch asset management venture

The partnership will be one of equals in terms of governance, with Canara Bank retaining 51% of the shares. Canara Bank’s existing asset management arm, Canbank Mutual Fund, will form a part of the joint venture. There will be a 50-50 balance between retail and institutional clients, as well as between equity and other products, in terms of assets under management.

Canara Robeco Asset Management will offer plain vanilla funds and a flagship fund in every major asset class, followed by struct

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: