Equirus Appoints Jim Walker as Global Economic Advisor; Bajaj Alts Secures SEBI Nod for PMS
Equirus ropes in Aletheia's Jim Walker; Bajaj Alts gets Sebi nod for PMS
Business Standard
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Equirus Securities has appointed Jim Walker, a veteran economist and Chief Economist at Aletheia Capital, as its Global Economic Advisor to enhance macro research for institutional clients. Additionally, Bajaj Finserv's alternative investment arm, Bajaj Alts, has received approval from the Securities and Exchange Board of India to launch portfolio management services aimed at high-net-worth individuals.
- 01Jim Walker joins Equirus as Global Economic Advisor to bolster macro research capabilities.
- 02Bajaj Alts has secured SEBI approval to offer portfolio management services.
- 03The PMS will target high-net-worth individuals with unique investment strategies.
- 04Anish Tawakley has been appointed CIO at DSP Asset Managers, overseeing equity and fixed income.
- 05Tawakley's extensive experience is expected to enhance investment performance across market cycles.
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Equirus Securities has strengthened its strategic partnership with Aletheia Capital by appointing Jim Walker as its Global Economic Advisor. Walker, who is currently the Chief Economist at Aletheia, has a rich background, having founded the Asianomics Group and served as the chief economist at CLSA Asia-Pacific Markets. His role will enhance Equirus' global macro research capabilities, catering to institutional clients. In another significant development, Bajaj Finserv's alternative investment management arm, Bajaj Alts, has received approval from the Securities and Exchange Board of India (SEBI) to launch portfolio management services (PMS). This service aims to attract high-net-worth individuals by offering differentiated investment strategies. Lakshmi Iyer, the group president of investments at Bajaj Alts, emphasized that this PMS license marks a strategic step in building a unique investment platform for discerning investors. Furthermore, Anish Tawakley has been appointed as the Chief Investment Officer at DSP Asset Managers, where he will oversee both equity and fixed income investments. Tawakley brings over three decades of experience, which is expected to be crucial for delivering consistent results across market cycles.
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The appointment of Jim Walker is expected to enhance investment strategies, potentially leading to better returns for institutional clients. The new PMS from Bajaj Alts could provide high-net-worth individuals with tailored investment options, impacting their portfolio management decisions.
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