Rohit Singhania becomes Co-Head – Equities
Mumbai / Chennai, May 18, 2018: DSP BlackRock Investment Managers Pvt. Ltd., one of India’s premier asset management companies, today announced that Vinit Sambre, Senior Vice President, will be taking over as Head of Equities and Rohit Singhania, Senior Vice President, will become Co-Head – Equities with immediate effect. Anup Maheshwari, CIO – Equities has decided to leave the firm to pursue other opportunities.
Anup Maheshwari has been with DSP BlackRock since July 1997 and managed domestic funds from May 2001 to June 30, 2012. Anup was CIO at HSBC Asset Management between Dec 2005 and May 2006 before returning to DSP BlackRock.Anup has previously worked forChescor, a British fund management firm that managed three offshore funds investing in Indian equities.
Vinit Sambre has been a fund manager since June 2010 and currently manages the DSP BlackRock Small Cap Fund and DSP BlackRock Midcap Fund as co-fund manager. Vinit joined DSP BlackRock in 2007 as a portfolio analyst and has over 20 years of experience in research and fund management.
Rohit Singhania has been with DSP BlackRock since 2005 and has over 18 years of experience in fund management and research. He manages DSP BlackRock India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms Fund), DSP BlackRock Equity Opportunities Fund and DSP BlackRock Tax Saver Fund. He is also the co-fund manager of DSP BlackRock Natural Resources and New Energy Fund.
Anup Maheshwari, CIO – Equities, DSP BlackRock Investment Managers Pvt. Ltd said, “It has been a memorable and enriching experience at DSP BlackRock and I am happy to leave behind an experienced and multi-faceted team that is driven by a sound investment processes. I wish the entire team of DSP BlackRock well and am confident of their continued growth and success.”
Vinit Sambre, Head – Equities, DSP BlackRock Investment Managers Pvt. Ltd., said “I am proud to lead this highly passionate team of people, who are well aligned with the ethos and values of DSP BlackRock. The team collectively brings together multiple decades of rich investment experience in Indian markets, across different market cycles. We are highly committed to our investors’ investment objectives. As a trustee of their money, they can be assured that we strive to achieve the best possible outcomes by following our fundamental research based approach of fund management. We are firm believers in equity as an asset class and in its potential to create wealth over the long term.”
Kalpen Parekh, President, DSP BlackRock Investment Managers Pvt. Ltd., said “Apart from heading the equities team, Anup has helped in building a well-rounded team comprising of fund managers who complement each other, and developing an investment process based on discipline, analytical rigour and risk calibration. I deeply appreciate Anup’s contributions to DSP BlackRock and wish him all the best in his future endeavors. I am confident that Vinit, Rohit and the team will continue to leverage their rich fund management experience along with our processes to aim to deliver strong performance and desired investment outcomes for our investors. We will continue to invest in our investment platform and add value to the team at all points in time as we believe they are the core of our investment management practice.”
About DSP BlackRock Investment Managers Pvt. Ltd.
DSP BlackRock Investment Managers, a Joint Venture between the DSP Group and BlackRock is one of the premier Asset Management Companies in India. The DSP group has a track record of over 152 years and through its investment companies owns a 60% stake in the joint venture. BlackRock Inc. which owns a 40% stake in the JV, is one of the largest quoted asset management companies in the world. For more information, visit www.dspblackrock.com
Note: On May 7, 2018, the DSP Group announced that they will be buying out BlackRock’s 40% stake in DSP BlackRock. Read the official press release: goo.gl/UWXLtU