JPMorgan to exit India mutual fund biz

JPMorgan to exit India mutual fund biz

A view of the exterior of the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar

For JPMorgan Chase & Co. and other global firms vying for a share of India’s mutual-fund industry, the world’s fastest-growing major economy has been a land of missed opportunity.

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