India: JP Morgan gets approval to split units of schemes with Amtek Auto exposure

India: JP Morgan gets approval to split units of schemes with Amtek Auto exposure

A file photo of Nandkumar Surti, chief executive officer, JP Morgan AMC. Photo Credit: Mint

JP Morgan Asset Management Co. Ltd has won the necessary approval from a majority of two of its schemes’ unit holders to segregate the assets, according to a notice published on the company’s website.

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