SLI launches offshore India fund

Structured as a sub-fund of the SLI Global SICAV (domiciled in Luxembourg), the fund will consist of a concentrated portfolio of between 20-35 ‘highest conviction’ stocks. The fund will be managed by Michael Dow, investment director at SLI, who has nearly 20 years experience in investing in emerging market stocks. The fund will draw upon the local expertise of HDFC AMC, SLI’s joint venture partner and one of the leading investment managers on the sub-continent. A team of 14 equity professionals at HDFC AMC in Mumbai will generate stock ideas, which will then be integrated into SLI’s glo...