Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

IIFL Asset Management launches IIFL India Equity Opportunities Fund

Posted On: 2019-02-08 22:04:41 (Time Zone: IST)


IIFL Asset Management (IIFL AMC) is pleased to announce the launch of its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (IIFL Fund') by virtue of merger of Ashburton India Equity Opportunities Fund into IIFL Fund. Pursuant to this, IIFL Fund has commenced its operations with $75mn in assets under management, effective January 29, 2019, with IIFL Capital Pte Ltd, Singapore being its Investment Manager.

Anup Maheshwari, Joint-CEO and CIO, IIFL Asset Management, said, "I am confident that Jonathan's investment style of investing in high conviction stocks with a strong focus on quality will continue to resonate with International Investors. It is very complementary to the overall investment philosophy at IIFL AMC as well."

Jonathan Schiessl, Fund Manager, said, "I am very excited to continue managing the merged IIFL Fund under IIFL AMC. With IIFL AMC and its deep understanding of the Indian market, I am confident that clients of the IIFL fund will benefit immensely."

The IIFL Fund is registered for sale in UK, Switzerland, Finland, Norway, Luxembourg, Singapore and South Africa. Further information can be found on https://www.iiflamc.com/international

Shares of IIFL Holdings Limited was last trading in BSE at Rs.358.45 as compared to the previous close of Rs. 377.3. The total number of shares traded during the day was 15590 in over 1079 trades.

The stock hit an intraday high of Rs. 379.95 and intraday low of 354. The net turnover during the day was Rs. 5678230.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Dhani raises Rs 1,200 crores of Equity by selling a 9% stake

Snowman Logistics reports positive growth in Q2

Parsvnath Developers Ltd to get 7.90 acres land as arbitral award

Tata Tele Business Services launches 'Smart Internet' for Businesses

Relic Technologies Ltd Q2FY22 consolidated net profit at Rs. 22.29 lakhs

Thomas Cook India's Foreign Exchange Opens a new office in Margao, Goa

NBCC India Ltd secures multiple orders

B L Kashyap and Sons Limited awarded new project worth 62.15 Crores

IndusInd Bank launches EMI on debit cards to commemorate the festive season

Honeywell wins Bengaluru Safe City Project

Arfin India Ltd posts surge in Q2FY22 net profit to Rs. 2.36 crore

Ganesha Ecosphere and Applied DNA to Deploy CertainT® Platform to Secure Recycled Polyester Supply Chain

Key Operating highlights of Mastek Ltd for Q2FY22

Imagicaaworld Entertainment Ltd appoints additional director

OnMobile Global announces new Leadership Structure

Mastek Ltd reports rise in Q2FY22 consolidated PAT to Rs. 72.29 crore

Tata Steel Limited and Tata Steel Europe win key recognitions at the 12th Annual Steelie Awards

Federal Bank invites candidates to join internship program

Kotak Mahindra Bank and Mumbai Police Cyber Crime Join Hands to Spread Awareness on #SafeBanking Habits

IndiGo cautions candidates to beware of fake job offers

HFCL Limited forms two overseas subsidiaries

Sparc Systems Limited board approves name change

Jagsonpal Pharmaceuticals Ltd Board declares Interim Dividend of Rs. 4

Navin Fluorine International Limited declares interim dividend of Rs. 5 for FY22

Healthcare Triangle Partners with Google Cloud to Accelerate Cloud Transformation for Healthcare and Life Sciences Organizations

HCL Technologies and Innovaccer Partner to accelerate Digital Health Transformation

Deepak Fertilisers and Petrochemicals Corporation Limited opens QIP

Sparc Systems Limited board approves rights issue

L&T Technology Services Ltd Board declares Special Dividend of Rs. 10

CAMS launches account aggregator platform

Rallis India Limited - Q2FY22 Highlights

Sangam India Limited raises Rs. 103 crores from the Promoters and Madhuri Madhusudan Kela

Birla Precision Technologies Ltd announces resignation of Mr. Aditya

Tata Steel BSL Ltd Q2FY22 consolidated net profit at Rs. 1837.03 crores

Shish Industries Ltd Q2FY22 consolidated net profit at Rs. 48.94 lakhs

JSW Ispat Special Products Ltd Q2FY22 consolidated loss at Rs. 36.88 crore

5Paisa Capital Ltd Q2FY22 consolidated PAT at Rs. 1.39 crore

ICICI Prudential Life Insurance Company Ltd Q2FY22 consolidated PAT at Rs. 445.62 crore

NELCO Ltd Q2FY22 consolidated PAT at Rs. 3.40 crore

L&T Technology Services Ltd Q2FY22 consolidated PAT at Rs. 230 crores

Jagsonpal Pharmaceuticals Ltd Q2FY22 PAT at Rs. 7.30 crore

Navin Fluorine International Limited appoints Ms. Apurva Purohit as additional director

Sonata Software - Consolidated Q2 FY21-22 PAT at Rs. 91.2 Crores

Navin Fluorine International Limited announces resignation of CFO

Nestle India Ltd Board approves second interim dividend of Rs. 110

ICICI Securities Ltd board declares interim dividend of Rs. 11.25

Indag Rubber Ltd had updates on sale of stake in JV

HDFC Asset Management Company Ltd announces resignation of CFO

Astral Ltd to enter into Faucets & Sanitaryware business

ACC Ltd reports consolidated PAT of Rs. 450.19 crore in Q3CY21


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020