Motilal Oswal ties up with Barclays to offer PMS

Motilal Oswal Asset Management today said it has tied up with Barclays Bank to offer the bank's customers its Value Strategy portfolio management service.

Barclays customers can now enjoy dual benefit of professional portfolio management services and risk control, the bank and the AMC said in a joint statement issued here.

"The investment offering would help Barclays customers leverage the experience of one of the best equity fund management teams in the industry. In the current volatile market scenario, this will also give customers a reason to focus on the long term benefits of investing," Barclays Corporate India Director (Consumer Banking) Suvrat Saigal said in the statement.

Value Strategy portfolio management service delivers higher returns by maximising gains from long term compounding effect, which is done through investments in thriving businesses managed by prominent professionals, it said.

"We value our partnership with Barclays and believe this launch marks just the beginning of our relationship with them.

We believe in providing a focussed and disciplined approach to investing," Motilal Oswal Asset Management Managing Director and Chief Executive Officer Nitin Rakesh said.