Dalton launches Indian Ucits fund targeting 12%-18% a year
Dalton Strategic Partnership is launching the MST Indian Absolute Return fund in September, as a sub-fund of its Melchior Selected Trust Luxembourg Sicav.
by Emma Dunkley on Jul 26, 2011 at 11:39
The firm has appointed Gaurav Pant as an investment adviser to the fund. He joins the existing Indian equity investment team based in Mumbai.
Pant formerly worked at Goldman Sachs for eight years, where he most recently held the post of executive director at Goldman Sachs Principal Strategies.
The MST Indian Absolute Return fund aims to generate absolute returns from a portfolio of long and short Indian equities, targeting an annual return of between 12%-18%, while reducing the volatility of Indian equities.
The portfolio will invest largely in liquid, listed equities and will operate within a net exposure range of -10% to 25%, with an average gross exposure range of 80%-120%.
Today's top headlines
More about this:
Look up the funds
Look up the fund managers
More from us
by Chris Sloley on May 23, 2013 at 07:01