Fund Manager, PMS
Mr. Sunil Singhania, CFA, is the driving force behind Abakkus Asset Management, LLP, an India-centric asset management firm established in 2018. Previously, as Global Head of Equities at Reliance Capital Ltd., Mr. Singhania was responsible for the oversight of equity portfolios and provided strategic guidance to various entities within the Reliance Capital Group, encompassing asset management, insurance, Alternative Investment Funds (AIFs), and offshore asset management. In his capacity as CIO – Equities, he managed the equity schemes of Reliance Mutual Fund (now Nippon India Mutual Fund). Under his leadership, the Reliance Growth Fund (now Nippon India Growth Fund) experienced growth exceeding one hundredfold within a span of less than 22 years. Furthermore, Mr. Singhania spearheaded the international expansion initiatives for Reliance Asset Management (now Nippon Life India Asset Management) Ltd. He played a key role in the introduction of India-focused funds in Japan, South Korea, and the United Kingdom. He also managed mandates for institutional investors located in the United States, Singapore, and other global regions. Currently, Mr. Singhania serves on the IFRS Capital Market Advisory Committee, a position he holds from 2020 to 2023. He was also a Promoter of The Association of NSE Members of India, an organisation representing stockbrokers. His global engagement includes serving on the Global Board of the CFA Institute, USA, from 2013 to 2019, and chairing its Investment Committee from 2017 to 2019. Additionally, he was a member of the CFA Institute's Standards of Practice Council for six years. Mr. Singhania is also the Founder of the Indian Association of Investment Professionals, now known as CFA Society India, where he served as President for eight years. Academically, Mr. Singhania is a Chartered Accountant with a rank and holds the CFA charter. He is a commerce graduate from Mumbai University.