Read the complete report
Stay updated
Recommended Posts
-
- Mumbai 18 Aug 2011
Barclays Ties Up With Motilal Oswal AMC To Offer Value Strategy PMS
2011-08-18 Mumbai
Dual benefit of professional PMS and Risk Control for Barclays customers
Mumbai, 18 August, 2011 Barclays Bank PLC today announced its tie-up with Motilal Oswal Asset Management Company Limited (MOAMC) to bring to its customers, the MOAMC’s Value Strategy PMS. By availing of the offering, Barclays customers can now enjoy dual benefit of professional portfolio management services and risk control.
Value Strategy PMS strives to deliver higher returns by maximising gains from long term compounding effect which is done through investments in thriving businesses managed by prominent professionals. With close to 800 crores Assets under Management, Value Strategy PMS is not only one of the large AUM strategies in the market, but it also has a consistent track record of outstanding performance over the past eight years.
Commenting on the development, Suvrat Saigal, Consumer Banking Director, Barclays Corporate (India) said, “The investment offering would help Barclays customers leverage the experience of one of the best equity fund management teams in the Industry. In the current volatile market scenario, this will also give customers a reason to focus on the long term benefits of Investing. At Barclays, our constant endeavour is to consistently bring to our customers, the very best products. We are confident that this offering, which has a proven track record, will add stars to our customers’ investment portfolio.”
Adding to this, Nitin Rakesh, CEO & MD, Motilal Oswal Asset Management Company Limited said, “At MOAMC, we believe in providing a focussed & disciplined approach to investing. Value PMS is one such strategy that targets long term wealth creation through a “best ideas” buy-and-hold approach. Barclays has one of the best Wealth management services in the world today. They brought their global expertise to India recently but have already made their presence felt in India. We value our partnership with Barclays & believe this launch marks just the beginning of our relationship with them”.
About Barclays Corporate
With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit www.barclayscorporate.com.
About Barclays
Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 147,500 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website www.barclays.com.
About Motilal Oswal Asset Management Company
Motilal Oswal Asset Management Company is registered with SEBI as the Investment Manager to Motilal Oswal Mutual Fund and is also a SEBI registered Portfolio Manager offering Portfolio Management Services to over 5000 High Networth Clients. It was incorporated on November 14, 2008. MOAMC is a 100% subsidiary of Motilal Oswal Securities Limited. Under its Mutual Fund platform, Motilal Oswal AMC has launched three funds – MOSt Shares M50, MOSt Shares Midcap 100 and MOSt Shares NASDAQ 100, which are also First of its kind in India, in terms of innovation.
Motilal Oswal Mutual Fund’s maiden product, MOSt Shares M50 ETF received the Most Innovative Fund of the Year Award at CNBC TV18 – CRISIL Mutual Fund Awards, 2011.
About Motilal Oswal Financial Services Limited
Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS, BSE: 532892, BLOOMBERG: MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies. The company distributes these products through 1,607 business locations spread across 586 cities and the online channel to over 722,303 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. MOFSL has been ranked by various polls such as the Best Local Brokerage 2005, Most Independent Research - Local Brokerage 2006 and Best Overall Country Research - Local Brokerage 2007 in the Asia Money Brokerage Polls for India. In the StarMine India Broker Rankings 2009 from Thomson Reuters, we won awards in 3 out of 4 categories and also bagged the No. 1 Broker Award in the ET Now – StarMine Analyst Awards 2009. We were adjudged as the ‘Best Performing Equity Broker (National)’ at the CNBC TV18 Financial Advisors Awards – 2010. MOSL won 4 awards in the ET-Now Starmine Analyst Awards 2010-11, placing it amongst the Top-3 award winning brokers, and was ranked No. 2 by AsiaMoney Brokers Poll 2010 in the Best Local Brokerage Category. Our mutual fund product, M-50 ETF bagged the ‘Most Innovative Fund of the Year’ award at the CNBC TV18 CRISIL Mutual Funds Awards 2011.