Wait for clarity on the fiscal road map before investing in debt: CEO, Emkay Investment Managers
We are very enthused by the promise the investment management sector is pointing towards. At the very least, this is an inflection point which will lead to a tangential growth of the industry in the next 5 odd years.
Analysts said at least 40-50 new offerings are likely to hit the market in coming year, as global liquidity helps support valuations of domestic stocks.
Emkay Global Financial Services Ltd (EGFSL) on Friday announced the appointment of Vikaas M Sachdeva as Chief Executive Officer of Emkay Investment Managers Ltd (EIML), a wholly-owned subsidiary of EGFSL.
The financial services group Emkay Global Financial Services Limited (EGFSL) has appointed Vikaas M Sachdeva as the Chief Executive Officer of Emkay Investment Managers Ltd (EIML). EIML is the wholly-owned subsidiary of EGFSL.
With a track record spanning over two and a half decades, Vikaas M Sachdeva brings in considerable experience in the Indian financial services space.
The good news about 2015 was despite the markets not doing too well, we saw record inflows coming in from retail investors in Mutual funds. Many of the SIPs were continued and that reflects a shift in thinking, doesn't it?
The general refrain among many market participants is that the MF industry has too many players doing more or less the same thing - which then leads to the relatively smaller players being seen as fringe players rather than valuable specialists.
Vikaas Sachdeva, former chief executive officer at Edelweiss Mutual Fund will be joining ENAM Asset Management Co in the same capacity, sources in the industry said.
“At an asset management level, we believe that we are the Apple of the Indian mutual fund industry. Banking on a slew of innovative products for international investors in its pursuit to become one of India’s top three global asset management firms, explains Vikaas M Sachdeva.
Steps taken by the government over the last two years are starting to fall in place now and perception is shifting dramatically.
Key group members