ABN Amro hires CIO for India funds arm

ABN Amro Asset Management has appointed a portfolio manager from emerging market specialist Charlemagne Capital as the dedicated head of its 12-strong investment team in India, which oversees €1bn ($1.5bn) in assets.

Kommera Chakradhar Reddy joins as chief investment officer to lead ABN Amro Asset Management India's investment team, in what is a newly-created role overseeing both equities and fixed income and a new emerging market in structured products. He will also manage ABN Amro's opportunities fund and its future leaders fund. He reports to Nikhil Johri, head of ABN Amro's Indian business.

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