The scheme is a close-ended category-3 alternative investment fund (AIF) and investments mainly factor in changes due to overarching macro shifts such as favourable demographics, regulatory framework changes, and increasing digitalisation.
Additionally, the fund also invests in companies undergoing tactical transformation triggered by company-specific events, such as corporate restructuring through mergers and acquisitions.
Julius Baer believes that these transformations will drive accelerated growth and improved profitability in these companies within a 3-year period.
Over the past few years, AIFs have grown tenfold and have evolved as a popular investment vehicle for clients in India.
Julius Baer, the largest international wealth manager in India, received category-III AIF licence in 2023.”We are pleased by the overwhelming response to our maiden India Equity Fund 1 – a clear testament to the confidence in our investment team’s robust track record. As market needs evolve, we will continue to evolve our produce suite, offering distinctive and diversified investment solutions to meet the changing needs of our UHNI clients in India,” said Umang Papneja, CEO, Julius Baer India.Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. At the end of 2023, assets under management amounted to $483 billion.
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