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 Tuesday, Jan 06, 2009 Updated 16:50 IST
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Religare out of MF JV with Dutch Aegon

Reuters
Published on Fri, Nov 21, 2008 at 12:29 IST
Tags: Religare  Aegon 
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MUMBAI: Religare Enterprises Ltd said on Friday Dutch insurer Aegon would take full control of their asset management joint venture, but a life insurance venture would carry on unchanged.

Religare agreed to buy Lotus India Asset Management Company Pvt Ltd earlier this month.

Lotus India AMC a joint venture between Fullerton Fund Management Group, a unit of Singapore's state-run investor Temasek, and London-based Sabre Capital Worldwide, has more than $1 billion of funds under management.

 
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