Tue, Oct 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Venus Capital launching small cap focused India Emerging Leaders Fund to capture the beta

Friday, December 10, 2010

From Kirsten Bischoff, Opalesque New York:

As developed countries see stagnant economic growth ahead (at best) and continuing problems from the sovereign debt crisis (at worst), emerging markets (EM) present a compelling story for investment.

Throughout 2010, the two EM countries vying for top spot in investor’s hearts have been India and Brazil. Hedge fund managers in both markets have delivered strong performance through 2010 (as of Oct 31, the HFRX Brazil Index is +13.89% YTD and the HFRX India Index is +18.76% YTD). What may give India the boost over its competitor is the bullish outlook for all of Asia, and the sheer size of the growing India population.

“We have been marketing India since 1996 and I have never seen more interest in that market in my career. American investors especially are as enthusiastic about India as they were about China ten years ago. India’s time has come now,” says Vic Mehrotra, CEO of Boston-based Venus Capital.

Venus Capital was founded in 1994 and launched one of the first India hedge funds in 1996. The new Emerging Leaders Fund marks the seventh fund the firm manages (and the second India-focused fund). Based in Boston, the team has maintained a long-term presence in India and currently has 15 research analysts located in the country.

For Venus Capital, the statistics present in the growing India population make a clear case for India’s long-term growth potential. “There are 300 million middle clas......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of