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The news comes hot on the heels of the announcement only last week of the launch of the INSYNERGY Absolute China Fund, which brings exclusive access to the long/short skills of GAM’s Michael Lai.

India and China share many characteristics. Both are, by any measure, huge countries - rapidly expanding for decades, and which are forecast to continue doing so. When compared with the anaemic growth rates predicted for the West, they clearly benefit from a strong economic tailwind. In both countries there is a myriad of opportunities and inefficient stock markets that can be exploited by a skilled stock picker. Despite these obvious attractions, UK investors have however had few ways of accessing either China or India until now. This is why INSYNERGY has chosen to simultaneously meet the unmet needs of investors with two exciting launches in rapid succession.

Reliance may be little known in the UK, but they are truly a household name in India. The Reliance ADA Group, a Fortune 500 conglomerate lead by Anil Dhirubhai Ambani (the 6th richest man in the world), operates businesses ranging from communications, power, infrastructure, financial services, media & entertainment, and energy. The Group owns RCAM, India’s largest asset management company which manages funds in excess of USD 30 billion (as of 29 January 2010).

The reach this gives the fund managers at Reliance is unsurpassed. It provides the Company with access to a wealth of information at all levels of Indian society and has enabled them to deliver exceptional investment performance. Since launching the Reliance Growth Fund in 1995, the Company has delivered 2777.38%, compared to 338.85% from the India BSE 100 and just 136.09% from the FTSE All Share and 87.26% for the MSCI Global Index*.

Reliance Asset Management (Singapore) Pte. Limited (RAMS) is the entity within Reliance that will assume the role of sub- manager, appointed by INSYNERGY to oversee the day to day management of the new Fund^. The Fund will have a clear focus to deliver growth. The Fund gives Reliance maximum investment flexibility, to identify and profit not only from those companies set to be the winners on India's relentless growth path, but its losers too. In giving Reliance the power to synthetically short stocks, they have the tools to outperform across the market, to smooth some of the bumps along the way, and to deliver outstanding performance.

Spike Hughes, founder and CEO of INSYNERGY said, “I am delighted that Reliance has chosen to partner with INSYNERGY. The RCAM fund management team is considered the best in India. Their leadership of the mutual funds business, allied to the sheer reach Reliance has in India, has delivered a phenomenal result that UK investors can now access via INSYNERGY.

“I have spent a lot of time in India during the due diligence process and have seen for myself the way in which Reliance permeates Indian society and business. It is woven into the very fabric of India and I am immensely excited over the investment prospects in this market. With a population in excess of one billion people, and expanding rapidly, successful businesses have practically unlimited growth opportunities. In addition, companies in India are blessed with large, cheap and increasingly skilled labour pools, giving them a significant cost advantage.“

INSYNERGY first brought the legendary Crispin Odey to UK investors. Followed by the recent announcement of their partnership with the GAM China team, INSYNERGY firmly believes that investors should increasingly think about the almost inevitable growth journey these nations represent. Can anyone really afford to be out of India or China on a medium-term investment horizon?

James Caan, Chairman of INSYNERGY said, “I have always had the greatest respect for Reliance. They have always had a gift for spotting early trends and making successes of them. I am convinced Reliance is the perfect partner for our investors to access one of the greatest investment teams in the world.” -KM- Corporate website: Source