Private credit might be less attractive than it was last year as investors rush into the market, but there are sweet spots to be found.
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.
Regulators keep their eyes open on tightening insurance industry by introducing more detailed risk management requirements, which could bring pressure on smaller players.
China and India are more obvious choices for AustralianSuper to consider in Asia Pacific, but the super fund currently lacks the expertise and prefers to stick to the US and Europe.
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Investors are increasingly turning to private companies and private debt in their hunt for ESG alpha, but the age-old problem of transparency and due diligence remains