January 25, 2020 - The transaction is expected to be finalized very soon, subject to regulatory approvals and terms of the transaction were not disclosed.
Brugest AG will have an experienced team of three to be based in Mumbai and will provide research for offshore funds including Indian equities and BRIC equities.
Brugest AG’s Chief Investment Officer commented on the expansion saying “India is one of the world’s largest growth markets and a strategic priority for our firm. The acquisition illustrates our commitment to expand in India and we look forward to working closely to accelerate the growth of the business. We hope this will be just the starting point for many other services that we will continue to provide here at Brugest AG”.
“As index and ETF product demand continues to grow significantly in India, Brugest AG’s expertise and global platform will provide us the opportunity to grow further and enhance our offering for clients here at Brugest AG”, added Bregest AG’s Chief Investment Officer.
About Us - Brugest AG
Brugest AG is a fully Independent financial management company with an exceptionally high calibre of qualified and experienced individuals that are equipped with extensive market knowledge.
We pride ourselves in being a globally focused company; our in house team has been assembled through a rigorous selection process to ensure our clients have the best possible up to date advice from a qualified client focused team.
Achieving the right balance of investment professionals is paramount and we are certain that we have a diverse team that cover all aspects of our business from Wealth Management to Trust and Estate Management with the right tools we are able to achieve our clients' goals.
Contact Information
James Yeung
Brugest Ag
6 Raffles Quay Tower 6 Raffles Quay Singapore 048580
Voice: 6531290470