Nitin Jain, the former CEO of asset and asset management, Edelweiss Financial Services, has launched the asset management and financial advisory platform Neo Group. Edelweiss Group is one of the leading financial institutions in India that provides a wide range of financial products and services to large and diverse clients including companies, institutions, and individuals. Life Insurance, Real Estate, Mutual Fund, and Stock Exchange Trading, including Stock Broking. As one of India’s leading financial services organizations, Edelweiss offers a wide range of financial products and services, catering to a large and diverse customer base, including companies, and institutions. and the individual. This company today is a diversified financial services company in India, which provides investment banks, institutional equity, private client trading, asset management, investment advisory services, asset management, insurance sales, and financial services and companies and companies. .on individual clients. The company is based in Nariman Point, Mumbai, and operates 43 other offices in 21 Indian cities.
The group will consist of four business verticals – Neo World, Neo Asset Management, Neo Multi-Family Office, and Neo Leaf. , according to the company’s official statement. The Neo Group leadership team comes with more than 100 years’ worth of information and ~ $ 40 billion in assets under consultation. The company has collected R40 million in funding from private investors and currently manages approximately $ 1 billion in assets.
Each vertical is led by leading financial services industry leaders – Varun Bajpai, former president, Edelweiss Wealth & Asset Management and former head of state – Macquarie Group is the CEO of Neo World, and Hemant Daga, former CEO. , Edelweiss Asset Management joins CEO, Neo Asset Management, A Srikanth, EVP, and former head, External Assets Management at Edelweiss Capital “We have launched this forum to identify and address the financial challenges facing the Indian investment community by focusing on educating and empowering investors and providing them with value-added and valuable financial instruments for a secure and balanced future,” said Jain, chairman, and MD, Neo. Group.
Over the next 10 years India’s current domestic financial wealth which is $3 billion is likely to grow by 17-18% .This is happening at a time when interest rates in India are very low and the need for complex and responsible financial advice that provides inflation, and high-profit investment options is growing. Neo Group with its many businesses will strive to fill that gap and provide customers with reliable, transparent, and impartial investment solutions, ”added Jain.
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