Sat, Jan 16, 2021
A A A
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. SPACs: The SPAC shareholder class action boom is coming, SPACs have a hidden risk that investors need to know about[more]

    The SPAC shareholder class action boom is coming From Reuters: I'm not the first to predict it, but the past few weeks have brought unmistakable signs that shareholder class action firms are homing in on Special Purpose Acquisition Companies, those so-called blank-check entities that g

  2. SPACs: Jeremy Grantham: "SPACs should be illegal", Spacs may fuel European IPO boom, SPAC IPOs surge, The SPAC pop is now a thing: More unicorns getting on board, Paysafe readies $9bn IPO Via SPAC[more]

    Jeremy Grantham: "SPACs should be illegal" Special-purpose acquisition companies (SPACs) should be illegal, according to Jeremy Grantham, as they escape regulatory oversight and encourage the "most obscene type of investing." Grantham is the co-founder and chief investment strategi

  3. News Briefs: What if data scientists had licenses like lawyers?, Next generation behind family offices' ESG push[more]

    What if data scientists had licenses like lawyers? From Bloomberg: Data scientists, if they're poorly qualified or act irresponsibly, can do at least as much damage as lawyers and doctors. The algorithms they create can ruin lives, aggravate social divisions, even facilitate genocide.

  4. SPACs: SPAC costs are 'far higher' than previously realized, study finds, Jim Cramer recommends profit taking in speculative electric SPAC names.[more]

    SPAC costs are 'far higher' than previously realized, study finds From Institutional Investor: The costs of going public via a special-purpose acquisition company are both "opaque and far higher" than previously recognized, new research shows. SPAC shares tend to drop by one third or

  5. Institutional Investors: Pensions swamped in a sea of negative real rates, Bahrain's pension fund authority faces collapse[more]

    Pensions swamped in a sea of negative real rates From FA Mag: Defined-benefit pension plans were already barely treading water heading into 2020. In the years ahead, the risk is as great as ever that a large swath of them will drown. As the name implies, defined-benefit pensions promis