Saxo Bank offers diversification to Indian investors
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Saxo Bank offers diversification to Indian investors 07 February 2017Mumbai Reporter: Stephanie Palmer
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Indian financial services provider ICICI Securities has partnered with online trading and investment firm Saxo Bank, to expand its services available to Indian investors.
Through Saxo’s digital platform, the 4 million clients of its ICICIdirect investment portal will gain the opportunity to diversify their investments outside of the Indian domestic market.
By accessing multi-asset investment opportunities, clients will be able to spread risk and opportunities across different regions and asset classes.
Kim Fournais, co-founder and CEO of Saxo Bank, said: “India is an incredibly important growth market with a growing number of investment professionals and a very tech-savvy population.”
“ICICI Securities has established itself as one of the leading investment firms in India and will now be able to offer their clients access seamless to global capital markets.”
Shilpa Kumar, managing director and CEO of ICICI Securities, said: “Through our partnership with Saxo Bank, we have now brought investment opportunities in equity markets, exchange-traded funds and bond markets across 24 countries to our customers, at their fingertips.”
“This we believe will help them to diversify their portfolios outside of India. I believe the partnership with Saxo Bank will help our clients leverage our combined strong knowledge and superior platforms and ensure they have access to the broadest set of global capital markets investment options.”
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