Barings to launch India fund

Natalie Kenway
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Barings is to add to its Asian equity fund range with an Indian product for recent hire Ajay Argal.

The Baring India fund, a Dublin-domiciled UCITS vehicle, will launch on 7 December, investing in 70% Indian equities and 30% in companies listed within the Indian subcontinent. It will be a highly concentrated portfolio of between 30 and 50 stocks, benchmarked against the MSCI India 10/40 index. Argal joined the group as head of Indian equities in September, as reported by Investment Week in August. He previously ran the Birla Sunlife India Advantage fund and the India Excel fund and has more than 18 years of experience investing in the region. At Barings he will be based with the ...

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