GT MANAGEMENT is finalising its third regional joint venture in Asia as part of its strategy to attract more investors.
Managing director Peter Lord said the company was in negotiations with an Indian domestic fund management group which it would use as a base to sell to the country's burgeoning middle class.
The company also has a 25 per cent stake in Thailand's One Investment Management and a 20 per cent holding in Indonesia's Jakarta Asset Management with an option to increase to 40 per cent before the end of year.
Mr Lord said: 'We intend to grow and be a big player. But to do this we need to get bigger in the mainstream markets.' The strategy will be to develop the domestic unit trust and pension fund markets.
The company intends to retain its regional headquarters in Hong Kong but is setting up a telecommunications base in Singapore.
Mr Lord was speaking at the end of a seminar for investment advisers.
