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Business Daily from THE HINDU group of publications Wednesday, April 29, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1700 hrs (IST)
Info-Tech Birla Sun Life Insurance crosses Rs 10,000-cr in AUM MUMBAI: Birla Sun Life Insurance (BSLI) on Wednesday said that it has crossed the Rs 10,000-crore mark in Assets Under Management (AUM) in April. The company's Chief Investment Officer, Mr Vikram Kotak said that **it gives us great pleasure to cross the landmark of Rs 10,000-crore of AUM and in the process registering strong growth of 41 per cent year-on-year.'' Investment performance would be a critical yardstick by which stakeholders would measure any company's performance this year, he said. "Our investment strategy has always focused on building a high-quality portfolio by investing in companies that have strong management, strong financial performance, businesses scalability and prospect of future growth,'' Mr Kotak said. Birla Sun Life Insurance is a joint venture between the Sun Life Financial Inc and the Aditya Birla Group. - PTI
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