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DSP BLACKROCK parting ways

Discussion in 'Technical Analysis' started by sartajbagga, May 7, 2018.

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  1. sartajbagga

    sartajbagga Member

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    Hello all.
    The two companies are parting ways in mutual fund venture. Will it have major effect on returns over period of time?
     
    chaitanya_mella likes this.
  2. gunwalvikram

    gunwalvikram Member

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    Sir, what do you mean by Parting way in mutual fund venture?. Are they stopping MF Business.



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  3. sartajbagga

    sartajbagga Member

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    No mf wont stop. It will be managed by dsp. Blackrock will exit. It was 40:60 ratio venture
     
  4. drjlbansal

    drjlbansal Member

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    DSP earlier as Kothari pioneer.Black Rock world wide removing fund managers and using Robo technology to reduce
    cost of funds management.If they are leaving India,it is a bad News.
     
    balurajgopal likes this.
  5. chaitanya_mella

    chaitanya_mella Contributor

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    Not necessarily. It was DSP Merrill Lynch (the tax saver fund actually started under that brand name. And more other partnerships before that too) before they parted ways and then DSP tied up with Blackrock. I would wait and see if there is significant attrition of their fund managers.
     
    surajbj likes this.
  6. rcube1972

    rcube1972 Member

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    Who programmes the Robos ? Bizzare times we are living in.