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EPFO to appoint new fund managers
Highlights
Retirement fund manager EPFO is likely to appoint next week at its trustees' meet asset management firms HSBC AMC, UTI AMC and SBI Mutual Fund as its fund managers for a three-year term.
New Delhi: Retirement fund manager EPFO is likely to appoint next week at its trustees' meet asset management firms HSBC AMC, UTI AMC and SBI Mutual Fund as its fund managers for a three-year term.
The Employees' Provident Fund Organisation's advisory body Finance, Audit and Investment Committee (FAIC) has finalised and recommended the names of three asset management firms -- HSBC AMC, UTI AMC and SBI Mutual Fund for appointment as fund managers of the retirement fund of the body for a three-year term beginning October 1, 2019, a source said.
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