Shriram Ramanathan to head L&T MF's Investment, Fixed Income

L&T Mutual Fund, offering services across the corporate, retail and infrastructure finance sectors, today said it has appointed Shriram Ramanathan as Head, Investment - Fixed Income. "I am pleased to welcome Ramanathan as the Head - Investment - Fixed Income at L&T Mutual Fund. He brings rich experience of over a decade in fixed income across both domestic and international markets. His appointment positions us well for future growth," L&T Finance Holdings Chairman and Managing Director Y M Deosthalee said. 

Prior to joining L&T Mutual Fund, Ramanathan was Portfolio Manager Fixed Income with Fidelity Worldwide Investment's India business. "Fixed income is a key asset class in India, and one of the central planks of L&T Mutual Fund's growth strategy. Current investment interest is high given the global macro environment, and the structural story seems to be excellent one given low penetration rates of fixed income investment products in India. I am delighted at the opportunity to be able to contribute to the expansion of the business here," Ramanathan said.

Source: http://ibnlive.in.com/generalnewsfeed/news/shriram-ramanathan-to-head-lt-mfs-investment-fixed-income/1037342.html