Ashburton’s award winning fund, which is managed by its Jersey investment team, has reached $100 million assets under management (AUM), just ahead of its four year anniversary.
The Fund, which has outperformed its benchmark by more than 60% over the past three years, is managed in Jersey by Jonathan Schiessl, Simon Finch and Craig Farley.
Jonathan, Chief Investment Officer of Ashburton’s international business, is ranked in the top 5 India equity managers globally and rated AAA by Citywire, the leading investment publication.
Investment research company Morningstar has given the Fund “4 stars” for its three year track record.
The Fund, part of the Ashburton Investments Luxembourg-domiciled SICAV range, also recently launched sterling share classes to provide better investor access via several platforms.
Simon Finch, Fund Manager at Ashburton said “reaching this milestone within four years of the Fund’s launch reflects the commitment of the investment team to Ashburton’s investment philosophy“.
“Combined with that is the increased investor appetite for allocating a proportion of their risk budget to an economy that is differentiating itself from the other members of the traditional Global Emerging Markets category.”
“It is an exciting time for India, with it now being the world's fastest growing major economy, supported by a reformist government, stable currency and strong demographic profile for the next 25 years at least.”
The Fund is focused on unlocking the value in India’s outstanding growth predominantly through industrial, financial and consumer related companies.
Photo: Simon Finch, Fund Manager.