Bharti AXA IM eyes $10-12 bln assets by 2012

New Delhi, Sep 15 (UNI) Bharti AXA Investment Managers, owned 75 per cent by AXA with the remainder held by Bharti Enterprises, today said it is targeting assets worth 10-12 billion dollars by 2012.

''The financial sector has huge growth potential in the country and we are targeting around 10 to 12 billion dollars under our management by 2012...we aim to be among the top five players in the country by 2012,'' Bharti AXA IM CEO Sandeep Dasgupta told reporters here.

Eyeing a revenue of Rs 5,000-6,000 crore by the current fiscal-end across all segments, the company also plans to open 60 sales offices in 45 cities by the said period.

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