Schroder Singapore acquires 25 per cent stake in Axis AMC

Private sector Axis Bank today said Schroder Singapore Holding has acquired 25 per cent stake in its subsidiary, Axis Asset Management Company.

 

The transaction provides Axis AMC access to Schroders' global distribution network and to advise overseas funds invested in Indian securities, Axis Bank said in a statement.

 

Private sector Axis Bank today said Schroder Singapore Holding has acquired 25 per cent stake in its subsidiary, Axis Asset Management Company.

 

The transaction provides Axis AMC access to Schroders' global distribution network and to advise overseas funds invested in Indian securities, Axis Bank said in a statement.

 

Source: http://articles.economictimes.indiatimes.com/2012-09-18/news/33926311_1_axis-amc-schroders-overseas-funds

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