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Nikko AM and Ambit sign JV to provide investment management and advisory services in India

Nikko Asset Management and Ambit Holdings have announced a joint venture to provide investment management and advisory services. Both the companies have agreed that the dedicated India funds from both partners will be managed and advised by the joint venture, with an AUM of US$150 million at launch. Bill Wilder, president and CIO of Nikko AM, will be appointed as…

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