Nov 11, 2008, 11.06 AM | Source: Moneycontrol.com
ABN AMRO Mutual Fund has announced changed its name to Fortis Mutual Fund with immediate effect.
This follows the global integration of ABN AMRO Asset Management with Fortis Investments in the second quarter of 2008 and the completion of all regulatory processes and procuring necessary clearances in India.
As a result of the global merger, Fortis Investments now has expanded both its investment capabilities and its operational platforms. It manages assets of EUR 192.4 billion (as of September 30, 2008) making it one of the world's leading asset managers in terms of both size and investment offering. It has an extensive reach in terms of dominance and scale in Europe, a large presence in the Americas and a substantial position in Asia. Fortis Investments has a global network of 40 dedicated investment centres in over 30 countries.
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