TAIB Bank launches premium portfolio management service

Our Banking Bureau
15 February 2003

Says TAIB Bank EC vice-chairman and CEO Iqbal G Mamdani: “We at TAIB firmly believe that the Indian market offers an enormous potential for the global investor community. Presently we are strongly recommending our individual and institutional investors in the Gulf to invest in India.“

TWM aims to construct tailor-made portfolios, providing an array of services, including financial planning, advisory services and discretionary portfolio management. TWM provides clients with a trusted partner enabling them to grow their wealth in a judicious manner.

Adds Mamdani: “True wealth management utilises a blend of investors' financial objectives, market conditions, investment opportunities and constant monitoring, to achieve optimum returns. With an experience in having serviced HNWI clients in the Gulf as well as non-resident Indians for the past 20 years, we believe we are more attuned to offering personalised investment advisory service.“

All TWM clients would have their risk-return profile assessed based on individual characteristics and goals. The TAIB team would then undertake the task of thorough research and meticulous financial planning and would arrive at the best asset allocation model for each client.

The client can also expect services like current portfolio assessment and monitoring, continuous market updates and investment ideas, technical trade ideas and mutual fund recommendations and assistance in MF investments.

TAIB also launched their online trading portal 'indiadirect' to provide investors with seamless trading experience complete with independent third party payment and depository gateways on a digitally secure platform. indiadirect, www.taibdirect.com, offers a novel way to trade in Indian equities. Combined with a range of investment tools, indiadirect gives the user the power to make a smarter trade.