Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
360 One Wam Limited ( (IN:360ONE) ) has issued an announcement.
360 ONE WAM Limited announced that its step-down wholly owned subsidiary, 360 ONE Global Asset Management (IFSC) Limited, has received in-principle approval from the International Financial Services Centres Authority to act as a retail Fund Management Entity. The asset management arm plans to infuse the required capital, secure final registration from the regulator, and commence asset and fund management operations at GIFT City, marking a strategic push into the international financial services ecosystem and potentially broadening its retail investor reach.
This development strengthens 360 ONE’s presence in India’s emerging international financial centre and could enhance its ability to launch and manage onshore–offshore products for a wider client base. By leveraging GIFT City’s regulatory and tax framework, the company is positioning its global asset management platform for growth, which may improve its competitive standing among domestic and international asset managers targeting retail investors.
More about 360 One Wam Limited
360 ONE WAM Limited operates in the wealth and asset management industry, offering investment management and related financial services to a broad client base. Through subsidiaries such as 360 ONE Asset Management Limited and its global arm at GIFT City, the group focuses on expanding its asset and fund management capabilities in key financial hubs.
Average Trading Volume: 125,667
Technical Sentiment Signal: Strong Buy
Current Market Cap: 429.2B INR
Find detailed analytics on 360ONE stock on TipRanks’ Stock Analysis page.