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Morgan Stanely appoints Naresh Naik as new head

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Naresh Naik the former associate of Lehman Brothers in India will be joining the office of Executive Director of Morgan Stanley by next month as per the sources of www.propertykhazana.com . By profession Naik served as an architect during his early stage of career and made the asset management for Lehman Brothers for their operation in India realty.
The new address of Naik will be at the economic capital Mumbai from next month as stated by Morgan Stanley. Morgan Stanley is one of the renowned groups of investment banking, mutual funds along with the wealth management for the Indian market. Sources of www.propertykhazana.com also reveals that the Morgan has made an investment of around $755 million in the Indian realty circuit which is at the door of low sell rates due to various reasons of financial issues headed by the country’s economic heads.
Source: NBTVLIVE

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