360 ONE WAM LIMITED has received official clearance to expand its operations into GIFT City through its subsidiary, 360 ONE Asset Management Limited. The company plans to provide specialized management and advisory services for pooled assets, including offshore and pension funds, as well as portfolio management services. This strategic move aims to bolster the company’s global investment capabilities as it prepares to commence these activities following the finalization of its regulatory registrations.
Strategic Expansion into GIFT City
360 ONE WAM LIMITED is set to broaden its footprint in the financial services sector by launching new operations in Gujarat International Finance Tec-City (GIFT City). The initiative will be spearheaded by 360 ONE Global Asset Management (IFSC) Limited, a step-down subsidiary, which will provide a robust platform for international investment management.
New Investment and Advisory Services
Following the receipt of the necessary clearances on May 21, 2026, the company is authorized to offer a wide range of services. Key offerings will include:
- Management and advisory services for pooled assets such as offshore funds, insurance funds, pension funds, and provident funds.
- Portfolio management services tailored for diverse fund structures outside of traditional broad-based funds.
Future Outlook
To support this growth, the parent company will infuse the necessary capital into its subsidiary. The next phase involves securing the final registration certificates from the relevant authorities, after which fund and portfolio management activities will officially commence. This development marks a significant milestone in the company’s efforts to enhance its service offerings for both domestic and international investors.
Source: BSE