Mumbai-headquartered DSP Asset Managers has set up its first London office.
The office will focus on offering investment opportunities in Indian markets, mainly to pension funds, family offices and high net worth individuals.
Jay Kothari, global head – international business at DSP Asset Managers, added: “India is at the cusp of a structural turnaround and continues to remain one of the fastest-growing large economies in the world.
“The country has proven to be resilient to global economic downturns, largely due to its robust domestic economy, which is expected to remain strong in the foreseeable future. We believe India should be viewed as a structural allocation (and not just tactical) in investors’ portfolios globally.”
DSP Asset Managers, established 25 years ago, is part of the DSP Group. It has around $15bn (£12bn, €13.7bn) in assets under management and four million investors.
This story first appeared on our sister publication, International Adviser.