15 Sept 2006
Dubai: RakBank yesterday said it has partnered with global asset management group Forsyth Partners to market a 5-year structured note around the Forsyth Indian Opportunities Fund, by JP Morgan which will provide the guarantee.
Vijey Kapoor, regional director, Forsyth Partners, Middle East and Subcontinent said: "The Indian market presents a unique long-term opportunity to customers as the economy is witnessing strong fundamental growth across many sectors.
"New initiatives being taken by the government and the private sector to spread their market share into rural India will lead to a structural transformation propelling the growth story to new heights."
Forsyth Partners offers tailored investment solutions for institutional investors, banks, private offices and brokerages across the region, building on its market leading position in fund research.
It constructs investment portfolios that combine the finest investment managers in various markets around the world. Forsyth Partners' initial and ongoing research into fund manager's performance and behaviour involves in depth quantitative and qualitative analysis.
Gulf News 2006. All rights reserved.
