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
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First Published: Fri, Feb 01 2013. 08 39 PM IST
Reliance Capital Asset Management, a part of Reliance Capital Ltd, has a total of around $2 bn in assets under management. Photo: Abhijit Bhatlekar/Mint
Reliance Capital Asset Management, a part of Reliance Capital Ltd, has a total of around $2 bn in assets under management. Photo: Abhijit Bhatlekar/Mint
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.
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First Published: Fri, Feb 01 2013. 08 39 PM IST
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