MORGAN Stanley Investment Management (MSIM) is launching a Luxembourg-domiciled Indian equities fund which will invest in between 40 and 50 mainly large-cap stocks.
The SICAV Indian Equity fund will be an extension of the firm’s India fund run from New York by Ruchir Sharma. Morgan Stanley said now was the “right time” to invest in India which it said was benefiting...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till