Sat, Oct 1, 2016
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

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: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to