• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

MR PANKAJ RAZDAN, MD

Hyderabad , Nov. 13

Prudential ICICI Asset Management Company Ltd is planning to expand its presence to a total of 180 places by the end of 2007 from the present 100.

The company also plans to strengthen its distribution channel by having more agents. "Besides, we are going to lay stress on investor education and awareness. Investor education is a big challenge in India," Mr Pankaj Razdan, Managing Director of Prudential ICICI Asset Management Company Ltd, said.

Addressing a press conference here on Saturday, he said the company outpaced the market by growing at higher rates.

Replying to a question, he said in the long-term the stock market looked very good and attractive. He, however, said there could be volatility in the short-term.

Mr Pankaj was here in connection with the launch of Prudential ICICI Equity and Derivatives Fund. The fund offering would close on December 7.

More Stories on : Asset Management Companies

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
GE India bets on financial biz for $8-b revenue by 2010

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line