Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Natixis launches Indian equity fund

Natixis launches Indian equity fund

Natixis Global Asset Management has announced the launch of an all cap Indian equity fund.

The IDFC India Equities fund will be managed by the French firm's Indian affiliate, IDFC Asset Management, and is a Ucits-compliant product which invests across the country's entire market.

It adopts a high conviction approach by investing in 35 to 45 stocks, focusing particularly on India's leading companies and those with high growth potential.

The fund will be managed by the firm's investment team led by Kenneth Andrade, its head of investments. Natixis Global AM said they decided to launch the fund in response to growing investor interest in India's potential.

The IDFC Asset Management company (IDFC AMC) is a specialist Indian investor with a qualitative investment process based on fundamental research. The investment team runs concentrated portfolios with a thematic approach based on the early indication of macro trends that drive the Indian economy.

Commenting on the launch, Naval Bir Kumar, vice-Chairman at IDFC Asset Management Company, said: 'Our strategy means that we have the flexibility to invest in growing companies of any size and in those that are best positioned to take advantage of ongoing growth in the Indian market.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Zurich

    Citywire Zurich

  • Citywire Deutschland

    Citywire Deutschland

  • Citywire Singapore

    Citywire Singapore

  • Citywire Maastricht 2013

    Citywire Maastricht 2013

  • Citywire Stockholm

    Citywire Stockholm

  • Citywire Montreux 2013

    Citywire Montreux 2013

  • Citywire Hong Kong

    Citywire Hong Kong

  • Citywire Zurich

    Citywire Zurich

  • Citywire Deutschland

    Citywire Deutschland

  • Citywire Monreux 2013

    Citywire Monreux 2013

  • Citywire Montreux 2013

    Citywire Montreux 2013

  • Citywire Singapore 2013

    Citywire Singapore 2013

  • Citywire Singapore 2013

    Citywire Singapore 2013