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ECONOMIC TIMESDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 03
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BUSINESS STANDARDDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 05
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FINANCIAL EXPRESSDAY, DATE: Thursday, June 28, 2012 Pg.No.: 11
MARKETS
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BUSINESS LINEDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 14
MARKET WATCH
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FINANCIAL CHRONICLEDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 03
My MONEY
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THE HINDUDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 17
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THE INDIAN EXPRESSDAY, DATE: Monday, July 16, 2012 Pg.No.: 17
EXPRESS MONEY
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THE ASIAN AGEDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 14
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THE INDIAN EXPRESSDAY, DATE: Wednesday, June 27, 2012 Pg.No.: 17
BUSINESS
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BUSINESS STANDARDDAY, DATE: Tuesday, July 10, 2012 Pg.No.: 09
BS PEOPLE
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THE NEW INDIAN EXPRESSCHENNAI
DAY, DATE: Wednesday, June 27, 2012 Pg.No.: 13
BUSINESS
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THE TIMES OF INDIADAY, DATE: Wednesday, June 27, 2012 Pg.No.: 18
BUSINESS
Harsha Viji is new Sundaram Mutual MD
Chennai: Harsha Viji has taken over as the managing director of Sundaram Asset Management Company.He succeeds TP Raman on his retirement this monthend.Viji has been associated with the Sundaram Group since 1998 and before that,he worked at Mckinsey & Company and PricewaterhouseCoopers.
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THE TIMES OF INDIAOnline Edition
DAY, DATE: Wednesday, June 27, 2012
MD at Sundaram Sundaram scion, Harsha Viji has taken over as the managing director of Sundaram Asset Management Company. He joined the company in October 2010 as deputy managing director. --
By Aparna Ramalingam, Chennai
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ECONOMIC TIMESOnline Edition
DAY, DATE: Wednesday, June 27, 2012
Gen Next from TVS family Harsha Viji takes over as MD of Sundaram Mutual
Sanjay Vijayakumar, ET Bureau Jun 26, 2012, 06.43PM IST
CHENNAI: Gen Next from TVS Family, Harsha Viji will take over as managing director of Sundaram Mutual, the group's mutual fund business, effective July 1.
Viji would be replacing T P Raman the founder managing director, who is retiring after a 16 year stint. Son of Sundaram Finance chairman, Viji Santhanam, the 37-year-old Harsha joined the board of the NBFC as an executive director - strategy & planning and also deputy managing director of Sundaram Mutual two years ago, after its disengagement with BNP Paribas. Admitting that the going has been challenging for the mutual fund industry, Viji said, "The company's aspiration for growth has not diminished despite challenging time for MF industry in last two years. We are looking to grow Asset under management by three times from Rs 13000-15000 crore now".
Viji has also had stint at Mckinsey and Company New York and Pricewaterhouse Coopers Chennai. T P Raman, was with State Bank of India.
He helped set up the operation of mutual fund business and has over seen engagement and disengagement with two joint venture UK Newton Investment Management and France's BNP Paribas Viji also said that the company is not looking at joint venture partners. Raman will continue as a Non Executive Director.
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ONLINE COVERAGE
http://in.news.yahoo.com/sundaram-mutual-needs-partner-products-distribution-130812703--finance.html
Sundaram Mutual needs a partner for products distribution
By Indo Asian News Service | IANS India Private Limited – Tue 26 Jun, 2012
Chennai, June 26 (IANS) Sundaram Asset Management Company is looking for a partner to distribute its products. The city-based firm is planning to triple its assets under management (AUM), focusing on debt and fixed income funds.
"We are looking out for a partner to distribute our products. We are notl ooking out for an joint venture partner. Our plan is to triple our assets under management which is currently around Rs.13,000 crore but we are not in a position to put a time frame to achieve that," Harsha Viji, deputy managing director, told reporters here Tuesday.
The company is the investment manager for Sundaram Mutual and Viji, a qualified chartered accountant and scion of Sundaram family, will take over as the managing director of the fund house next month.
He said around Rs.6,000 crore of the total AUM consisted of debt fund and it would continue to grow.
"We have chalked out a clear strategy to grow the business and we will execute the plan."
Asked about reports that the market regulator's idea of monitoring the performance of the funds and whether it would not amount to micro managing the sector, he said: "The regulator has wide powers to monitor and we will extend our cooperation."
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ONLINE COVERAGE
http://zeenews.india.com/business/news/companies/sundaram-mutual-awaits-spore-clearance-aims-to-triple-assets_54504.html
Sundaram Mutual awaits S'pore clearance; aims to triple assets
Chennai: Asset management firm Sundaram Mutual on Tuesday said it is "awaiting clearances" from monetary authority of Singapore for expanding international business operations as it aims to triple total assets under its management from existing Rs 13,000 crore.
"We are still in the initial stages of it. Currently, we are awaiting approvals from the monetary authority of Singapore (for launching
operations)," Sundaram Mutual Managing Director T P Raman told reporters here.
Noting that the company, a group firm of Sundaram Finance, has been looking to foray into countries like Australia, he said, "We are looking at offshore presence. Currently, we have taken steps to expand the business to Singapore".
Raman, who has been the company's MD for 16 years, has decided to relinquish the post and would be succeeded by Harsha Viji, Deputy Managing Director, from July 1.
Viji said the company was looking at "tripling" their total assets under management in future.
"Our total assets management size is about Rs 13,000 crore...We are looking at three times that number. That definitely remains one of our focus...," he said on growth plans for the year, but declined to comment on the timeline.
When asked whether the company would be open for joint ventures, Viji said, "We are definitely not looking for a partner. However, we are looking at international distribution partnerships".
While Raman post his retirement would be the non- executive director of Sundaram Asset Management Company, the investment manager of Sundaram Mutual Fund, Viji also holds directorships in several companies of the Sundaram Group.
Sundaram Mutual Fund commenced its business in 1996 and currently has 71 branches across the country.
PTI First Published: Tuesday, June 26, 2012, 20:34
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ONLINE COVERAGE
http://webcache.googleusercontent.com/search?q=cache:niGMlq8o8y0J:www.moneycontrol.com/news-topic/deputy-managing-director/+harsha+viji+md+managing+director+sundaram+mutual&cd=53&hl=en&ct=clnk&gl=in
Harsha Viji is new MD of Sundaram MutualDeputy Managing Director Harsha Viji has taken over as the Managing Director of Sundaram Asset Management Company, the investment manager of Sundaram Mutual Fund. He succeeds T. P. Raman, who relinquished the post upon his retirement.
http://www.sify.com/finance/raman-to-step-down-as-md-of-sundaram-amc-news-banking-mg2byrfefef.html?ref=false
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