Asset Management in India
Simon Fenton, Anjali Bansal, Michael Wheatley
May 2009
Asset management in India is a highly dynamic industry, where significant change is commonplace. It an industry of choice for customers and employees, with a range of products available, the presence of almost every large global player and a growing focus on investor education. The discussion at the Spencer Stuart roundtable on asset management was directed towards the future. It revealed ideas and solutions that could enable companies to draft a blueprint for the next phase of growth — growth that may not be around the corner but is inevitable in a country like India, where assets under management (AUM) are a mere eight percent of GDP, compared with 79 per cent in the US and 39 per cent in Brazil. This one statistic speaks volumes about the opportunities that abound in this industry.
The roundtable session was chaired by Ajay Srinivasan, Chief Executive, Financial Services and Director, Corporate Strategy and Business Development, Aditya Birla Group.
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