The MD and Country Head of Fidelity International's Indian asset management business loves challenges
Ashu Suyash, 44, has been Managing Director and Country Head of Fidelity
International's Indian asset management business since late 2003.
Ashu Suyash, MD and Country Head of Fidelity International
Ashu Suyash, 44, has been Managing Director and Country Head of Fidelity International's Indian asset management business since late 2003.
Fidelity's assets under management end of July were over $2.1 billion (Rs 9,468 crore, up from over Rs 7,000 crore in March 2010), with more than a million investors. The mutual funds business Suyash has built is largely retail. "You can never ask investors for trust; you need to build it," she says. Regulations passed in 2009, prohibiting mutual funds from charging entry load fees, hit hard.
But Suyash saw them as a challenge. "We have grown in an environment where few others have," she says. Fidelity won the 'Best Equity Fund House' award at the Lipper Mutual Fund Awards 2011, organised by Business Today and Thomson Reuters in May.
A GOOD DAY IS
When I can convert a situation to a 'win-win' one, rather than 'I win and someone else loses
Fidelity's assets under management end of July were over $2.1 billion (Rs 9,468 crore, up from over Rs 7,000 crore in March 2010), with more than a million investors. The mutual funds business Suyash has built is largely retail. "You can never ask investors for trust; you need to build it," she says. Regulations passed in 2009, prohibiting mutual funds from charging entry load fees, hit hard.
But Suyash saw them as a challenge. "We have grown in an environment where few others have," she says. Fidelity won the 'Best Equity Fund House' award at the Lipper Mutual Fund Awards 2011, organised by Business Today and Thomson Reuters in May.
A GOOD DAY IS
When I can convert a situation to a 'win-win' one, rather than 'I win and someone else loses
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| OTHER MOST POWERFUL WOMEN (Click on their names to know their success story) | |
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| Ashu Suyash | |
