ICICI and Russell launch new multi-manager product
Multi-manager funds to be aimed at the banks'' NRI client base.
Asia's layered introduction to multi-manager funds has taken another leap forward with the formation of the region's newest product by India's ICICI Bank and Russell Investment Group. The region's latest multi-manager fund is targeted towards ICICI's client base of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIO's) and will be offered through its branch in Singapore.
In addition to taking care of the distribution, ICICI Bank will maintain responsibility for the risk p…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.