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From the Opalesque team:
PMA Capital Management Ltd, today announced the
launch of the PMA India Fund, which focuses on alpha generation from long and short positioning in the top
250 Indian companies according to market capitalization.
The fund utilizes a mix of rigorous qualitative and quantitative processes that combines a top-down
discipline with bottom-up analysis. The investment universe enables the fund to maintain a highly liquid
profile since it is estimated to represent 90% of overall market capitalization and 85% of daily turnover.
The PMA India Fund will be managed by Anoop Villait, who heads the PMA India Strategy and has over 15
years of experience in the Indian markets, as well as an extensive contact base with Indian corporates and
foreign banks. Prior to joining PMA, Villait was the lead manager of the Kuvera Fund, an Indian Long-Short
Equity fund which had peak AUM of approximately US$190 million. From July 2004 to July 2007, Villait
achieved a composite performance of 93.16% and an annualized return of 23.80%.
Investors can also achieve exposure to the PMA India Fund by investing in the multi-strategy PMA Asian
Opportunities Fund, which directly invests into PMA single strategy funds and also incubates new strategies.
The Asian Opportunities Fund provides broad Pan-Asian exposure via liquid asset classes including Credit,
Equity Long/Short, and FX & Rates. The portfolio weightings of the Asian Opportunities F...................... To view our full article Click here
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