Fund profile: Aiming for absolute returns in India
Mon Nov 19, 2012
India, which is of course a major member of the ubiquitous
emerging market BRIC club, alongside China, Russia and Brazil,
has become an attractive growth story for investors wanting to
diversify away from slowing developed
The Melchior Selected Trust: Indian Absolute Return Fund is
the second alternative UCITS-compliant portfolio to launch
using a strategy solely focused on the country, according to
the Absolute UCITS database.
The first was Kotak India Opportunities Fund launched by an
Indian financial services firm in December 2010, though that
fund liquidated only a few months later.
Milltrust International also recently added a long-biased
sub-fund run by UTI Asset Management Company last month.
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.