Ashburton Investments is set to unveil a new sterling share class for its US dollar-denominated India Equity Opportunities fund.
The $70.9m product is domiciled in Luxembourg and co-managed by Jonathan Schiessl and Simon Finch. It is run with a high conviction buy and hold strategy, investing in 25-30 stocks across market caps, with 42% currently allocated to mid- and small-cap names. Matthew Kemp, head of UK wholesale, said: "We have a top-performing fund and we are launching the sterling share class in direct response to client interest within the UK wholesale market. This will also make the fund more widely accessible via a number of platforms." How managers are playing India's 'multi-year' healthcare boo...
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