Establishing a new regional base will help TAML strengthen its regional stakeholder engagement
Dubai International Financial Centre (DIFC) has welcomed Tata Asset Management Limited (TAML) to the Centre.
Tata Asset Management is one of the earlier asset management companies in India and is a part of the Tata group that have revenues of US$113bn (2018-19 FY).
TAML formally joined the DIFC community in April 2020. Establishing a new regional base at DIFC for Middle East and broader MEA will help TAML strengthen its regional stakeholder engagement and facilitate business growth.
“A leading global brand name such as TATA is an excellent addition to the centre and will benefit from our enabling financial eco-system, seamless infrastructure, connectivity to global markets, and advanced regulatory system,” commented Arif Amiri, CEO, DIFC Authority.
“We look forward to new economic opportunities and partnerships to showcase our India investment capabilities,” observed Prathit Bhobe, CEO and Managing Director, TAML.
“The opening of our DIFC branch is indeed a significant development for Tata Asset Management, which has displayed a strong investment management track record over the last 26 years, both for domestic and overseas investors,” noted Hormuz Bulsara, COO, TAML.
The Tata Asset Management Representative Office in the DIFC is led by Rohan Joshi who has been appointed as Principal Representative-Middle East.