Collins Stewart Inga, a joint venture between UK's leading brokerage and investment banker Collins Stewart Group and India's Inga Advisors, is entering the booming institutional broking space in the country. | |
| The institutional broking business will operate through a separate 50:50 joint venture between the two partners, Joel Plasco, CEO of Collins Stewart said. The existing joint venture is for investment banking and corporate advisory services. |
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| The UK-based firm is also planning to register itself as a foreign institutional investor with the Securities and Exchange Board of India and is simultaneously exploring opportunities in wealth management and private equity in the country. |
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