Friday, April 11, 2008

New Star Asset Management (UK) - Tata Asset Management tie up

UK fund manager ties up with Tata for India equity fund


London, Apri 6 (PTI)

British fund manager New Star Asset Management has entered into a joint venture with the Tata Group that will see the two companies launch an Indian equity fund for UK investors later this year.
The fund will be run for New Star by Tata's investment division, Tata Asset Management, which currently has around 6 billion dollars in assets under management.

http://www.ptinews.com/pti/ptisite.nsf/all/9388665665920F5565257423001C5D7C?Opendocument

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