Launch of IIFL India Equity Opportunities Fund (UCITS Fund Based in Luxembourg)
IIFL Asset Management (IIFL AMC) is pleased to announce the launch of its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (‘IIFL Fund’) by virtue of merger of Ashburton India Equity Opportunities Fund into IIFL Fund. Pursuant to this, IIFL Fund has commenced its operations with $75mn in assets under management, effective January 29, 2019, with IIFL Capital Pte. Ltd., Singapore being its Investment Manager.
Anup Maheshwari, Joint-CEO and CIO, IIFL Asset Management , said, “I am confident that Jonathan’s investment style of investing in high conviction stocks with a strong focus on quality will continue to resonate with International Investors. It is very complementary to the overall investment philosophy at IIFL AMC as well.”
Jonathan Schiessl, Fund Manager, said, “I am very excited to continue managing the merged IIFL Fund under IIFL AMC. With IIFL AMC and its deep understanding of the Indian market, I am confident that clients of the IIFL Fund will benefit immensely.”
The IIFL Fund is registered for sale in UK, Switzerland, Finland, Norway, Luxembourg, Singapore and South Africa. Further information can be found on https://www.iiflamc.com/international
About IIFL Asset Management Business
IIFL Asset Management (IIFL AMC) is part of IIFL Investment Managers. IIFL Asset Management refers to licensed asset management activity carried out by IIFL Investment Managers through its group companies based in Singapore, India and Mauritius. IIFL AMC is an asset management firm, launched with an objective of providing differentiated investment products suited for the market environment. The AMC’s differentiated suite includes mutual funds, Portfolio Management Services, advisory, alternative investment funds spanning across public and private equities, fixed income securities and real estate. Its distinctive products bring out the entrepreneurial edge, agility and speed of execution of a boutique asset management firm.
About IIFL India Equity Opportunities Fund
IIFL India Equity Opportunities Fund, is a sub-fund of IIFL Fund, a UCITS in the form of an open-ended investment company (société d’investissement à capital variable ) incorporated as a société anonyme , domiciled in Luxembourg, structured as an umbrella fund comprising multiple sub-funds. IIFL Capital Pte. Ltd. (an asset management company based in Singapore) is the Investment Manager to IIFL India Equity Opportunities Fund.
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
IL-STATS18.2.2019 08:02:04 | Pressemeddelelse
Third-Party Study Validates STATS K50 GPS’ Superior Accuracy in Measuring High-Intensity Performance
YASA18.2.2019 07:07:08 | Pressemeddelelse
Electric Motor Company YASA Signs Innovation Agreement with Global Automotive Manufacturer
ALIPAY18.2.2019 05:52:03 | Pressemeddelelse
Chinese Tourists Propel Alipay’s Overseas Growth during the 2019 Lunar New Year
NY-IFF15.2.2019 22:17:10 | Pressemeddelelse
IFF Recognized by SAM’s 2019 “Industry Mover” Sustainability Award
SFL15.2.2019 19:03:08 | Pressemeddelelse
SFL: strong financial position and results in 2018, consolidating the Group’s position as a prime player
NEW-WORLD-DEVELOPMENT15.2.2019 11:13:12 | Pressemeddelelse
5 Happening Cultural Destinations to Visit in 2019
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum