Tata Asset Management Limited (TAML), part of India’s Tata Group, has set up its regional office in Dubai International Financial Centre (DIFC).

“The opening of our DIFC office is an acknowledgement of Dubai’s pivotal role at the heart of the region and the strong advantages it offers institutions that base themselves here. It is also a key step towards expanding our network in the Middle East and broader MEA region,” Prathit Bhobe, CEO and Managing Director, Tata Asset Management Ltd, said.

The Tata Group operates across six continents and employs more than 720,000 people.

TAML is the specialized investment management firm part of the Tata Group; its business is in mutual funds, portfolio management services, alternate investment funds and offshore funds.

(Writing by Gerard Aoun, editing by Seban Scaria)

(gerard.aoun@refinitiv.com)

#TATA #TAML #DIFC #DUBAI #INDIA

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