StanChart recruits from Julius Baer; Nikko AM taps BAML for strategist; Religare GAM gets new CEO; Barings appoints head of GEMs; Swift names heads of compliance and Asean.
The firm is launching a feeder fund into its JV partner’s pan-European equity fund, while its is also focusing on sub-advisory for pending India-focused Invesco products internationally.
The Indian firm introduces Religare Invesco AMC after Invesco's acquisition of a 49% stake is completed. The JV is led by Saurabh Nanavati, as Invesco management join the boards.
The US-based manager has signed a deal to acquire a 49% stake in Religare AMC, a fast-growing Indian house with global ambitions.
The US-based house talks up the opportunity to add on-the-ground India expertise to its investment capabilities for clients globally.