HDFC AMC names Ihab Dalwai senior equities fund manager
In short
HDFC Asset Management Company appointed Ihab Dalwai as a senior investment team member to oversee equity assets for some HDFC Mutual Fund schemes. He previously worked at ICICI Prudential and has 15 years of experience in equity research and fund management.
This matters for HDFC Mutual Fund investors because a new manager can affect how equity money is run. The reporting does not say which schemes he will oversee.
What the reporting says
HDFC Asset Management Company appointed Ihab Dalwai as a Senior Member of Investments to oversee equity assets for specific HDFC Mutual Fund schemes, according to the publisher-supplied summaries. Dalwai previously worked as Senior Fund Manager – Equity at ICICI Prudential and brings 15 years of equity research and fund management experience. The immediate consequence is a leadership change in fund management, while the reporting does not identify the schemes he will run.
Why it matters
HDFC Asset Management Company appointed Ihab Dalwai as a Senior Member of Investments to oversee equity assets for specific HDFC Mutual Fund schemes, according to the publisher-supplied summaries. Dalwai previously served as Senior Fund Manager – Equity at ICICI Prudential and has 15 years of equity research and fund management experience. The move matters for HDFC AMC and its mutual fund investors, but the reporting does not name the affected schemes.