Wed, Feb 20, 2019
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. New Launches: Royal London launches new Greetham fund, Direct lending specialist unveils multi-manager credit fund, PeakSpan Capital announces final close for Fund II on $265m, Mubadala's venture capital unit to launch $400m European fund, Lazard offers Scandinavian bond fund[more]

    Royal London launches new Greetham fund From FT Adviser: Royal London's Multi Asset Strategies is the latest fund to be launched for Trevor Greetham and his eight-strong multi-asset team. It targets annualised total returns of cash, defined as the Sterling Overnight Index Average, p

  2. New Launches: AI venture capital firm InReach Ventures launches new $60m fund[more]

    From Telegraph: InReach Ventures, a venture capital firm using artificial intelligence to spot the most promising early stage startups in Europe, has closed a new EUR53m ($60m) fund, as it said the Brexit process would be unlikely to decrease entrepreneurship in the EU. InReach Ventures said it

  3. Outlook: Why Paul Tudor Jones fears a 'revolution', A lot of 'negative surprises' will hit the markets in coming months, hedge-fund veteran Mark Yusko says[more]

    Why Paul Tudor Jones fears a 'revolution' From Institutional Investor: Billionaire hedge fund manager Paul Tudor Jones; Robert Shiller, the Yale University professor who is a co-winner of the Nobel Prize in economic sciences; and DoubleLine Capital's deputy chief investment officer Jeff

  4. Performance: This small Austin based hedge fund founded by a successful Polish entrepreneur is beating market by recognizing growing moats[more]

    From Value Walk: Lukasz Tomicki, the founder of Austin, TX-based LRT Capital, had a life-changing moment after he achieved a degree of success. This led him into the hedge fund business where his emerging strategy has outperformed the major stock and hedge fund indices, he told ValueWalk. How the fu

  5. Opalesque Exclusive: BDO Survey: 89% of GPs expect a downturn within the next two years[more]

    Bailey McCann, Opalesque New York: Private equity appears to be preparing for the worst. 89 percent of private equity fund managers expect a prolonged downturn sometime in the next two years, according to the findings of a newly released survey from BDO. The trade war was cited as a top conce