Religare Macquarie Private Wealth wins ‘Most Exciting New Wealth Management Model’ award at Private Bankers International 2009
-- A feat achieved in a short span of just over an year
Mumbai/New Delhi, October 7, 2009: Religare Macquarie Private Wealth is pleased to announce that it has won The Private Banker International (PBI) Global Wealth Awards 2009 for the ‘Most Exciting New Wealth Management Model.’ The PBI awards are considered to be the global wealth industry’s most prestigious accolades for excellence and best practices. The announcement was made during a ceremony at Singapore on October 5, 2009.
Religare Macquarie has been awarded this a year since it started operations. Among the finalists for the award were CIMB Group (Malaysia’s second largest financial services provider), SG Private banking / Rockefeller, MASECO Financial and Kasikorn bank (the fourth largest commercial bank in Thailand).
Delighted on getting the award, Mr Vikas Agnihotri, Chief Executive Officer, Religare Macquarie Private Wealth said: “Our endeavor has been to offer unbiased, simple and easy to implement investment solutions to help our clients meet their financial goals. Our advisory approach – the core of our business has been developed keeping this very objective in mind. This award is a tribute to the unflinching endeavor of all our employees to deliver value at every stage of managing the client’s wealth.”
The criteria for the awards included the ability of institutions to demonstrate a clear and unique strategy to position and grow their business, regionally or globally; those that have made the most investment in people and systems to develop their business; those showing most innovation in products/ services; those with demonstrably superior client services and customer relationship management skills; and institutions that have strengthened and extended the global reach of their brands.
From a more business perspective Mr. Pradeep Natarajan, Director Sales & Marketing, Religare Macquarie Private Wealth said: “At Religare Macquarie Private Wealth, we have created a structured segmentation approach for client acquisition, which is backed by a sales process and driven through a CRM.
"We take immense pride in the knowledge and customer centricities of our Relationship Managers and values we believe are key in driving sustained differentiation".
From the Advisory Point of view, Ms. Shikha Hora, Director, Products and Advisory, Religare Macquarie Private Wealth said: “At Religare Macquarie Private Wealth, we believe in a customer centric, advisory led approach. We provide holistic advice on the entire portfolio of the investors, spread across various asset classes, geographies and product categories. The same is implemented through a tripod model, whereby a customer is mapped to a wealth manager, investment advisor and a service relationship manager, to ensure seamless advice, implementation and monitoring of portfolio. Our proposition is supported through a product suite, customized solutions including Family Office and estate planning offering & an integrated wealth management and financial advisory system.”
Religare Macquarie Private Wealth recently opened the gates for India’s personal investors to access a new investment service, called the Macquarie Global Investment Service (GIS). Religare Macquarie Private Wealth is the lead distributor. Macquarie GIS is a discretionary investment management service. It provides its clients access to global investment opportunities by utilising Macquarie’s partnerships around the world.
About Religare Macquarie Private Wealth
Religare Macquarie Private Wealth (RMPW) is the coming together of Religare and Macquarie. At RMPW, we have designed an approach for managing, growing and preserving your wealth. At Religare Macquarie, we call this ‘Active Wealth Management’.
While Macquarie has a heritage of product and investment, Religare offers a suite of customer-focused financial products and service targeted at retail investors, high net worth individuals and corporate and institutional clients. Quite naturally, when the two combine, what emerge are solutions and a approach to managing, preserving and building the wealth of the Indian HNI’s.
For more details please visit www.religaremacquarie.com
Religare Enterprises Limited proposes, subject to receipt of requisite approvals, market conditions and other considerations, to make a rights issue of its equity shares to its existing shareholders and has filed a draft letter of offer (“DLOF”) with the Securities and Exchange Board of India (“SEBI”). The DLOF is available on the website of SEBI at www.sebi.gov.in as well as on the websites of the lead manager at www.enam.com. Investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled “Risk Factors” of the DLOF.”
For further details, contact:
Subhrangshu Neogi
Director, Brand & Corporate Communications
Religare Enterprises Limited
Hand Phone: +91-9910993925
Email - subhrangshu.neogi@religare.in
Varun Soni
Vice-President – Corporate Communications
Hand Phone: +91 9650148885
Fixed Line: +91 11 0120-3396174
Email: soni.varun@religare.in
Sagarika Mamik Gupta
Sr. Manager – Corporate Communications
Hand Phone: +91 9910021712
Fixed Line: +91 11 30815100 Extn: 465
Email: Sagarika.mamikgupta@religare.in
