# ICICI Prudential Asset Management Company (AMC) will be in focus on Wednesday, April 8, after brokerage firm HSBC initiated coverage on the stock.

*business · news · 2026-04-08 · CNBC TV18*

## Key points

- HSBC initiated coverage on ICICI Prudential AMC with a 'Buy' rating and ₹3,600 target.
- HSBC projects a 20% CAGR in total AUM for ICICI Prudential AMC from FY26 to FY29.
- Bernstein highlighted key person risk due to the Chief Investment Officer's central role.
- ICICI Prudential AMC's culture of promoting internal talent may mitigate succession risks.

**Companies:** HSBC, ICICI Prudential AMC
**Countries:** India, United Kingdom

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/icici-prudential-amc-share-price-stocks-to-buy-hsbc-bets-asset-manager-on-strong-aum-growth-prospects-ws-l-19882576.htm)

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