kotak-strengthens-asset-management-capabilities-in-dubai

Kotak strengthens asset management capabilities in Dubai

Kotak moves Nitin Jain from Mumbai to Dubai to cater to increased international investor appetite for Indian equities exposure.

Sameera Anand

November 23, 2006

Kotak Mahindra UK KMUK has strengthened its Dubai-based investment management team, moving Nitin Jain from Kotak Mahindra Asset Management to its base in Dubai. In Dubai, Jain and his team will have assets of about $230 million under management.

Jain will be fund manager for long-only funds. He has more than 11-years experience in Indian equities. Jain last managed $150 million of assets at Kotak Mahindra Asset Management Company. Prior to Kotak, Jain has worked with SBI Funds Management, IDBI Capital Markets and Fortis Securities. He is an engineer and has a MBA.

Kotak Mahindra Asset Management Company is an advisor to KMUK. KMUK is a subsidiary of Kotak Bank and was the...

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