aig-global-investment-snatches-mutual-fund-veteran

AIG Global Investment snatches mutual fund veteran

Sonthalia makes the shift to expanding AIG venture after spending most of his career at DSP Merrill Lynch.
AIG Global Investment Group AIGIG has scored a coup by hiring veteran mutual fund industry professional, Saurabh Sonthalia, as part of its India fund management endeavours.

Sonthalia last held the position of executive vice president, head of strategy and business development at DSP Merrill Lynch Investment Managers, which he joined in May 2001. Sonthalia joins Ravi Mehrotra, former Franklin Templeton India president, at AIGIG. Mehrotra joined the firm in early 2006 as regional head.

AIG has announced a host of plans to expand its presence in India this year with the mutual fund business being first off the block. AIG already has life and general insurance joint ventures with the Tata group in India....
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