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Reliance Capital Likely to Manage $2.5 bn Malaysian Govt funds

Jan 22, 2010, New Delhi: Reliance Capital Asset Management Company is negotiating with Malaysia to manage up to $5 billion (Rs 23,000 crore) of public and government funds, including money that is part of the national pension fund, persons aware of the development said. Malaysia is also in talks with other global fund managers for the deal and Reliance Capital expects to win a mandate to manage around half the $5 billion that the southeast Asian nation`s government wants private asset mangers to handle. Continue reading Reliance Capital Likely to Manage $2.5 bn Malaysian Govt funds