News

Ashburton merges India fund with IIFL

indiaAshburton Investments is merging its India Equity Opportunities fund with a similar product run by Mumbai-based IIFL Asset Management. The IIFL India Equity Opportunities Fund is a Luxembourg-domiciled Ucits. Jonathan Schiessl, who has managed the Ashburton fund since its launch in 2012, will manage the merged product. Schiessl said clients would benefit “from the infrastructure and depth of India research that the IIFL group brings on board”. Ashburton Investments is part of FirstRand Group, a South African financial services company. IIFL Asset Management, formerly known as India Infoline Asset Management, has $4 billion under management. Its parent company, IIFL Investment Managers, has $20 billion of assets under advice, distribution and custody. The fund merger is subject to regulatory and board approval. ©2017 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.