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Thursday, August 19, 1999
UTI International becomes UTI Guernsey
PRESS TRUST OF INDIA
Mumbai, Aug 18: UTI International Ltd, a 100 percent subsidiary of Unit Trust of India (UTI) has been renamed UTI Guernsey Ltd. The company, registered in the Island of Guernsey, was set up with the objective of monitoring the activities of the offshore funds managed by UTI. It has an office in London to market the offshore funds to institutional clients in the UK, Europe and the USA. It is also responsible for developing new products and new business opportunities for UTI, the latter said in a statement here today.Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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