Mumbai: Sandeep Tandon, chief executive of Quant Mutual Fund, which is under scrutiny for charges of so-called front-running, is seeking to assure investors that the allegations are overblown and they should not redeem their investments in panic.
Mumbai: Sandeep Tandon, chief executive of Quant Mutual Fund, which is under scrutiny for charges of so-called front-running, is seeking to assure investors that the allegations are overblown and they should not redeem their investments in panic.
Teams of officials from the Securities and Exchange Board of India paid surprise visits to Quant’s offices in Mumbai and Hyderabad on 21 June for a search and seizure operation triggered by suspicion of front-running by Quant’s employees.
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