The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
The fund house is a joint venture between Bharti Group (represented by Bharti Ventures) and Axa Group (represented by Axa Investment Managers and Axa Asia Pacific).
It plans to open 60 sales offices across 45 cities in India (from the current 32 sales offices in around 25 cities) by December, and has designed its maiden equity portfolio, the Bharti Axa Equity Fund.
The Bharti Axa Equity Fund is an open-end growth portfolio that seeks to generate long-term capital appreciation from a diversified portfolio of mainly equity and equity-related securities including equity derivatives. Its performance will be benchmarked against the S&P CNX Nifty Index. The fund is part of the core portfolio for Bharti Axa Investment Managers.
The fundÆs manager is Prateek Agarwal and its research team is headed by Sandeep Nanda.
ôIn the retail markets, our focus will be on three aspects to acquire customers û affordability, accessibility and simplicity,ö says Sandeep Dasgupta, CEO of Bharti AXA Investment Management.
The equity portfolio is in addition to the Bharti Axa Liquid Fund and Bharti Axa Treasury Plus Funds, both of which were launched in July.
Regional institutions’ internal investment managers outperformed their external peers, underlining that they are just as vital as modern asset allocation strategies.
AsianInvestor describes why we chose the top funds across a series of key asset classes.
The RM82.64 billion ($20.6 billion) Malaysian Hajj fund, which recently completed a restructure, is looking to diversify globally but remains cautious of risky assets.
Mega players Nippon Life and Dai-ichi Life are looking for opportunities in higher-yield single-A US corporate bonds, which offer more appealing yields than stagnant domestic offerings.