India’s Reliance Capital Asset Management (RCAM) is reportedly planning to launch an Indian equity fund targeting South Korean investors.

The fund will invest in Indian equities and will be distributed in South Korea by Samsung AMC, The Times of India reported citing a senior RCAM executive.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The move will likely be followed by a reciprocal initiative from RCAM to distribute a South Korean equity fund to Indian investors.

RCAM CEO Sundeep Sikka said: "On our part, RCAM would be launching an Indian equity fund in Korea with our partner Samsung AMC. This will give an opportunity to Korean investors to invest in the India growth story, using the experience of RCAM."

The move comes after RCAM struck a strategic alliance with South Korea’s Samsung Asset Management Company (Samsung AMC) in April 2015.

Under the partnership terms, the entities will be responsible for managing, marketing, and distributing each other’s investment products in their respective domestic markets.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.