Edelweiss Mutual Fund has appointed Dhawal Dalal as its CIO - Fixed Income, says a press release issued by the fund house. Before joining Edelweiss, Dalal was Executive Vice President and Head – Fixed Income at DSP BlackRock Investment Managers.
Commenting on the appointment, Vikaas M Sachdeva, CEO, Edelweiss AMC said, “We welcome Dhawal on board and are confident that he will play a key role in the continued growth of Edelweiss AMC. Dhawal brings with him a blend of cross-functional expertise and experience, which will significantly strengthen our existing capabilities in fund management and research.”
Dalal is a senior fixed income professional with more than 20 years of track record of building fixed income business, managing over USD 3.3 billion worth of fixed income assets in India & USA, said the release.
Edelweiss AMC currently manages Rs. 2,032 crore. It has acquired the schemes of JP Morgan MF, which is expected to add Rs. 7,000 crore to Edelweiss AMC’s kitty.
