ICICI and Russell launch new multi-manager product

Dec 2, 2004

Multi-manager funds to be aimed at the banks'' NRI client base.

Asia's layered introduction to multi-manager funds has taken another leap forward with the formation of the region's newest product by India's ICICI Bank and Russell Investment Group. The region's latest multi-manager fund is targeted towards ICICI's client base of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIO's) and will be offered through its branch in Singapore.

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