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SEBI approves Goldman Sachs AMC to start MF biz

SEBI approved Goldman Sachs Asset Management to begin a wholly-owned mutual fund business in India.

01 Sep 2008

The Securities and Exchange Board of India (SEBI) approved Goldman Sachs Asset Management to begin a wholly-owned mutual fund business in India. Goldman Sachs Asset Management is a subsidiary of The Goldman Sachs Group, Inc

Adam Broder is the Chief Executive Officer and Prashant Khemka is the Chief Investment Officer of Goldman Sachs Asset Management in India.

According to Khemka, Goldman Sachs Asset Management aims to emerge as a world class asset manager in India, by drawing synergies from their global expertise and combining them with their proven risk management techniques to deliver strong and consistent results for their investing clients.



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