Edelweiss Financial Services Limited announced on May 1, 2014 that it had acquired Mumbai-based asset management firm Forefront Capital Management.
On May 1, 2014, Edelweiss Financial Services Limited, a diversified financial services company, announced that it had acquired Forefront Capital Management, a Mumbai-based high net-worth focused asset management firm. Forefront currently manages a range of investments focused on the absolute return space, from value oriented equity strategies to multi-asset allocation strategies. Financial terms of the transaction were not disclosed. For the complete story, please click here.