Sanlam invests in Indian asset management firm Shriram AMC
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Sanlam invests in Indian asset management firm Shriram AMC
South African asset manager Sanlam has entered into a strategic partnership with Shriram Group’s business unit, Shriram Asset Management Company (Shriram AMC). Shriram AMC operates in various financial services, including commercial vehicles, consumer finance, life and general insurance, stock broking, chit funds, and financial product distribution. Under the deal, Shriram AMC has preferentially allotted 3.89 million equity shares to Sanlam Emer…
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