Thu, Mar 22, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers October 2017

PROFILES : Elysium Investment Advisors, Radiant Value, BitBull Capital, Epsilon Asset Management


New India hedge fund focuses on consumer names

A newly-launched India focused fund has placed itself in a sweet spot by applying a strategies that are rare in that particular market, namely, factor-based systematic and market neutral

The Elysium India Fund, managed by Mumbai-based Elysium Investment Advisors LLP, is an India focused, systematic, equity investment fund with the option of long-only and market neutral share classes. It has a long to medium term investment horizon and is designed to be highly liquid, well diversified and comprising high quality companies.

The Mauritius-domiciled fund was launched in August, but the strategy was started in December 2013 with managed accounts

The only factor-based systematic manager investing in the Indian market

"We are the only factor-based systematic manager investing in the Indian market," fund manager Vineet Sachdeva tells Opalesque. "We are probably the only market-neutral fund in India - by market neutral, we mean that we have very low net (<10%). There are a few long/short funds in India, but they usually have net long or short positions which are much larger and therfore not truly market-neutral.

In the factor-based strategy, the manager looks at long-term history of fundamental factors, such as return on assets, return on equity, operating cash flows, dividends, growth, etc. Then all these factors are fed into Elysium's own proprietary models. The model assigns weights to the factors and these in turn get translated into portfolio holdings. The models were built using four investment themes: (1) longterm profitability of companies and allied factors; (2) growth; (3) genuine quality growers and secondary factors such as growth momentum; and (4) high quality dividend growers.

"We use these factors ......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  3. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  4. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu

  5. Opalesque Exclusive: Northern Trust builds on blockchain-backed private equity solution[more]

    Bailey McCann, Opalesque New York: Private equity clients at Northern Trust can now carry out audits of private equity lifecycle events directly from the blockchain. Northern Trust, working with PwC and other audit firms in Guernsey, has added this feature to its existing solution set for private