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Centrum Group (Centrum) has appointed Manish Jain as Head of its Fund Management Businesses. Manish will lead and manage Centrum’s portfolio management services (PMS) and non-discretionary equity advisory verticals.
Manish is a Chartered Financial Analyst (CFA) and MBA in Finance and has an experience of over 20 years in Indian equities.
Previously, Manish was associated with Ambit Investment Advisors managing coffee-can-portfolio with an AUM of Rs 1,150 crore. He also held senior positions with financial institutions such as Nomura/Lehman Brothers and ICICI Securities.
In a press release, Sandeep Das, MD and CEO, Centrum Wealth, said, “With the relative outperformance of equity markets in CY 2023 and anticipated tailwinds in the coming year, we would like to strengthen our expertise in Equity Advisory and PMS. I am confident that Manish’s vast experience in managing large funds and impeccable track record in delivering healthy returns, will bring immense value to our equity investing strategies and add to client delight.”
“I am excited to be part of Centrum, an established player, with a strong foothold in the wealth industry. With an anticipated pivot in the current interest rate regime, stable inflation and crude oil prices along with healthy earnings growth, equity markets are poised for an exciting few quarters ahead. I look forward to working closely with the competent team to deliver a superior equity proposition to our clients,” said Manish Jain, Head of Fund Management (PMS and Equity Advisory).