ACMH to launch a Absolute Return Long/Short Equity India Fund

11th April 2006 - Absolute Capital Management Holdings Limited (ACMH), the fund management company focused on delivering investment returns through the management of absolute return funds and ASK Raymond James Securities India Private Limited (ASKRJ), one of India’s leading Fund Managers, based in Mumbai, are pleased to announce that they have entered into an agreement to launch a Absolute Return Long/Short Equity Fund, which will be named the Absolute India Fund Limited (“the Fund”).

The Fund will combine the excellent value driven local stock picking skills of ASKRJ, who have a 5-star S&P rating and a long track record of success, with ACMH who have a proven ability to generate consistent absolute returns with lower than the peer group volatility, by employing a disciplined risk management process. Together they will manage the Fund which will seek to deliver superior absolute returns in a geographic area of huge opportunity. By combining the local talents of one of India’s most respected and well known Investment Managers with the risk overlay discipline of ACMH, the Fund will be able to benefit from the expertise of two experienced managers to deliver a genuine Absolute Return India Fund.

Absolute Capital Management Holdings Limited is a specialist fund management company focused on delivering investment returns through the management of absolute return funds, launched in 2001. The company has offices in Spain, Germany, Switzerland, United Kingdom and Cayman Islands.

ASK Raymond James Securities India Pvt. Ltd. (ASKRJ) is a joint venture between Bharat Shah, ASK Investment and Financial Consultants Limited of India and Raymond James Financial Inc. of the USA, the three principal shareholders.

Disclaimer : The contents of this site are for information purposes only and does not constitute investment advice or counsel or solicitation for investment in any security. We will not be liable for any direct, indirect, incidental or consequential loss or damage that may arise out of using the information in this site or relating to a linked third party website. Investments in hedge funds involve a high degree of risk and you could lose all your investment. You should carefully read a fund's offering materials, fund manager's track record and related information for specific risk and other important information regarding an investment in that fund before investing. Hedge funds are available solely to accredited investors and institutional investors and not to general public. The information in this website is based on data gathered from publicly available websites and other information mediums therefore do not guarantee its accuracy, nor completeness. We do not represent any hedge funds or investment/financial advisors nor give any investment recommendations.