SBI Funds Management fund surges 9% on stock market debut in India
SBI Funds Management opened 9% higher on its debut on the Bombay Stock Exchange.
Published 7sem1 sourceNotableupdated 1sem
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The fact
The Indian fund's IPO attracted investors optimistic about the country's growth.
Amundi, the majority shareholder, strengthens its Asian strategy with this operation.
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Why it matters
Cette introduction en Bourse reflète l'attractivité croissante des marchés indiens et la stratégie d'expansion des grands gestionnaires d'actifs européens en Asie.