Union AMC's CEO Madhu Nair prioritizes multi asset allocation for resilient investment strategies

Madhu Nair, the new CEO of Union Asset Management Co., is focusing on simplifying investment strategies since his appointment in March 2024. He emphasizes long-term asset allocation over short-term market speculation, launching the Union Multi Asset Allocation Fund in August. The fund diversifies investments across uncorrelated asset classes, including equity, fixed income, and gold. Nair's team aims to enhance investment processes with data-driven insights and a probabilistic approach to risk assessment, moving away from traditional performance metrics. Union AMC plans to expand its investor base by leveraging Union Bank's extensive network and enhancing technology for better efficiency. Future product launches include a quant-based active momentum fund and various fund of funds, targeting both domestic and international investors.