R-Cap’s Singapore AMC crosses $1 billion
Firm’s Singapore unit says assets under management in offshore funds likely to double in the next two years
Mumbai: Reliance Capital Asset Management’s Singapore unit said on Friday its assets under management (AUM) crossed the $1 billion mark in its offshore funds, and said this was likely to double in the next two years. Reliance Capital Asset Management, which is a part of the Anil Ambani group’s financial services firm Reliance Capital Ltd, has a total of around $2 billion in assets under management.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!