Tue. Jan 31st, 2023

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Edelweiss Financial climbs 5%

1 min read

Shares of Edelweiss Financial Services gained 5 percent intraday on September 3 after the company penned a deal where Canada-based Ontario Teachers will invest $350 million in its debt management firm Edelweiss Alternate Asset Advisors (EAAA).

“Despite the global economic uncertainty amidst the current pandemic, this commitment from Ontario Teachers’ is a strong endorsement of the Indian alternative asset management space as well as the robust and unique private debt platform built by EAAA,” the financial services conglomerate said in its statement.

On September 2, Edelweiss Group announced that Ontario Teachers’ Pension Plan Board, Canada’s largest single-profession pension plan, has signed an agreement for an investment of $350 million (around Rs 2,600 crore) with Edelweiss Alternate Asset Advisors (EAAA), the largest private debt manager in India.

EAAA has assets under management (AUM) of approximately $3 billion or about Rs 23,400 crore.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.