Thangavel.....

Some interesting article on JP Morgan...... JP MORGAN: INDIA FOCUS (M)organ failure? JP should follow the beaten path... Investments across the world might not seem an attractive proposition in the current times, but where India is concerned, it is still a hot destination for JP Morgan (JP). According to newly appointed India CEO, Kalpana Morparia, JP will invest $1 billion in Asia-Pacific region over the next three years, with the investments in India totalling a whopping $500 million. Kavita Sonawala, Head – Marketing, JP Morgan tells B&E that, “Our strategy for India can be defined by the word ‘aggressive’. We want to tap its full potential...” For now, JP’s strategy is to focus on the Real Estate and Infrastructure sectors, besides Investment Banking. To achieve that end, JP Morgan Asset fund has mobilised more than $360 million from Institutional Investors and High Net worth Individuals (HNIs) in US, Asia, Europe and the Middle-East. It has also set up a $2 billion infrastruct