• Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
Search
Close
Search
Close
Home Europe

Aditya Birla Sun Life AMC Limited’s offshore appoints Sarath Sathkumara

admin by admin
February 14, 2022
in Europe
Share on FacebookShare on Twitter
Aditya Birla Sun Life AMC Limited (A part of Aditya Birla Capital Ltd.)

Dubai, UAE (ARAB NEWSWIRE) — Aditya Birla Sun Life AMC Limited’s (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.

Aditya Birla Sun Life AMC Limited is the fourth largest asset manager in India with total assets under management of close to $42 billion. The publicly listed company has its presence in over 280 locations pan-India and present in international markets such as Dubai, Singapore, and Mauritius. It also operates via UCIT to cater to European markets. The company recently received approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City in India that will help to expand its reach and service to global clients. Aditya Birla Sun Life AMC Limited’s offshore subsidiaries manage money to the extent of USD 1.32 billion. ABSLAMC is a subsidiary of Aditya Birla Capital Limited (a non-bank financial services conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF).

Commenting on his appointment, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “We are delighted to have Sarath Sathkumara come on board. He is a seasoned global emerging markets investor with over 30 years of experience in international capital markets and investing. His rich experience, illustrious background and in-depth knowledge of global markets will be an instrument in capitalizing overseas opportunities and launching investment solutions that cater to the needs of international investors. This further strengthens our overseas presence and aligns with our strategy of expanding our offshore business. Sarath will initially focus on launching ESG centered products, along with relevant solutions to cater to GIFT City and overseas clients”.

In his current role with ABSLAMC’s offshore arm, Sarath has joined as CIO International. Most recently, Sarath was the Managing Director/Portfolio Manager for Taiyo Pacific Partner’s India engagement investing business, starting the business 10 years ago and building it ground up. Prior to that, he has worked as a Chief Investment Officer of SBI Venture Capital in Singapore. From 2002 to 2008, Sarath was a Senior Portfolio Manager with the State Street Global Advisors’ Active Emerging Markets Group (AUM $12bn), focusing on Asia and MENA regions. Before that Sarath spent 7 years with Capital International in Singapore as part of Capital International’s Emerging Markets team (AUM $24bn). He was instrumental in building and running Capital’s India business from 1993, the year India opened for foreign investment and witnessed India’s capital market transformation. Before that he was with HSBC Group for 10 years in investment and corporate banking in Dubai, San Francisco and New York.

About Aditya Birla Sun Life AMC Limited

Established in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, with a pan India presence across 280 plus locations and a total AUM of over Rs. 3,109 billion under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings and 7.6 million investor folios for the quarter ending December 31, 2021.

For any media queries, please contact:

Amrita Panja

Tel: 91-22-43568008

Email: Amrita.Panja@adityabirlacapital.com

This press release is issued through Arab Newswire (https://www.arabnewswire.com) – a newswire service with press release distribution to media in the Arab World, Middle East and North Africa (MENA).

Previous Post

“محظوظ”، تمساح النيل ، يعود من الأردن إلى موئله الطبيعي

Next Post

GOFA INTERNATIONAL Virtual Product Launch Event in the Gulf Region

RelatedPosts

Europe

Dammam Valley/KSA and Arcensus GmbH/Germany announce the establishment of the Saudi-German Genomic Center in Riyadh to perform high-throughput analysis of genetic samples from the GCC region to improve the medical healthcare system.

Facebook Twitter Pinterest WhatsApp LinkedIn Email Reddit ROSTOCK, GERMANY and DAMMAM, KSA — (EMAILWIRE) — Dammam Valley in...

by admin
September 8, 2022
Europe

Dammam Valley/KSA to acquire the majority of Arcensus GmbH/Germany to accelerate the global implementation of Whole Genome Sequencing in genetic diagnostics and delivery of breakthrough technologies in genomic bioinformatics

Facebook Twitter Pinterest WhatsApp LinkedIn Email Reddit ROSTOCK, GERMANY and DAMMAM, KSA — (EMAILWIRE) — Dammam Valley in...

by admin
September 5, 2022
Europe

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

Dubai, UAE — (ARAB NEWSWIRE) – OmanNews.Club™ (https://www.omannews.club) adds to media list that publishes press releases from Arab...

by admin
August 14, 2022
Europe

UAE247.Club™ Joins Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Region

UAE News and Press Release Distribution Dubai, UAE — (ARAB NEWSWIRE) – UAE247.Club™ (https://www.uae247.club) makes the media list...

by admin
August 7, 2022
Load More

Latest Post

Data Center Power Market Projected to Gain $26.1 billion by 2025

by admin
February 3, 2023

Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024

by admin
February 3, 2023

Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026

by admin
February 3, 2023

Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%

by admin
February 3, 2023

UHT Processing Market Statistics, Growth, Trends & Forecasts

by admin
February 3, 2023

EMEAWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (EMEA) Submit press release or contact us today.
Share us

Subscribe to Our Newsletter

  • Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Menu
  • Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us

Browse by Category-

Home

Europe

Middle East

Africa

Global

News

-Agriculture

 – Arts & Entertainment

— Aviation & transport

— Business & Finance

— Conferences & Seminars
— Cryptocurrency
— Economy
— Education
— Forex & Commodities
— Manufacturing & Industry
— Media
— Oil & Energy
— Pharma & Health
— Politics
— Real Estate & construction
— Sports
— Stock Markets
— Telecom & Tech
— Travel & Tourism

About Us

-Pr Services
-Submit PR
-Contact Us

© 2023 Copyright EMEAWIRE™

Share us

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest