London-based Atlantis Investment Management is opening an office in Mumbai and readying its first Indian equities fund, to be managed by BP Singh, who joined from Deutsche Asset Management this summer. The fund should launch this quarter, says Peter Irving, CEO, and complements existing funds investing in Japan, Korea and China.
The $1.8 billion Atlantis is a small- and mid-cap specialist that runs a star manager system, and therefore has taken nearly three years to find the right person for its India shop, Irving says. Our interest in that market is for structural reasons, not to ride the current bull market. The demographics, what Indian companies have to offer and...
