Vanguard Group, a US-based investment management company, has acquired a 1.1 per cent stake in the supermarket chain Vishal Mega Mart for ₹655 crore through open market transactions. Vanguard Group purchased over 5.04 crore equity shares in two tranches at an average price of ₹129.74 apiece. Following the stake buy, shares of Vishal Mega Mart rose 2.
ETMarkets PMS Talk | PMS strategies set to outperform mutual funds in next couple of years: Sushant Bhansali
Ambit Asset Management believes PMS will beat mutual funds soon. Concentrated portfolios can better capture alpha. Only select companies will show high earnings growth. Consumption