New kid in the mutual funds stable Mahindra Asset Management Company is open to forging a tie-up with foreign players, which, it believes, can add value to its existing asset management business.
"We are open to acquisition, but, we are not after volume chasing. We are more keen to have tie-ups with foreign players which can offer 'expertise'," Mahindra AMC head sales and distribution Jatinder Pal Singh told PTI. However, he said, nothing was decided as yet.