{"id":2600,"date":"2020-09-04T11:02:54","date_gmt":"2020-09-04T11:02:54","guid":{"rendered":"https:\/\/thenewzbiz.com\/?p=2600"},"modified":"2020-09-09T02:59:43","modified_gmt":"2020-09-09T02:59:43","slug":"axis-mutual-fund-launches-axis-global-equity-alpha-fund-of-fund","status":"publish","type":"post","link":"https:\/\/thenewzbiz.com\/?p=2600","title":{"rendered":"Axis Mutual Fund launches Axis Global Equity Alpha Fund of Fund"},"content":{"rendered":"<p><b><span lang=\"EN-IN\">PUNE :<\/span><\/b><span lang=\"EN-IN\"> Opportunity and diversification logic dictates that as investors we should not be closed to any meaningful, long term investment idea if we are to achieve the most optimal long term portfolio outcomes. And yet, investors in India have missed out on 97% of the global equity opportunities because their portfolios have overwhelmingly been allocated to the Indian equity markets (which represent only about 3% of the global equity markets*).<\/span><\/p>\n<p>Axis AMC has been at the forefront of product innovation and creating a robust investment process that has the potential to deliver long term performance for its investors. For its global product initiative, Axis AMC has tied up with Schroders (which is around 25% shareholder in Axis AMC). Schroders is a world-class asset manager operating from 35 locations across Europe, the Americas, Asia, the Middle East and Africa with an AUM of GBP 525.8 bn.<\/p>\n<p>Axis AMC has already launched 2 successful MF schemes over the last couple of years that have provided some global exposure to investors \u2013 Axis Growth Opportunities Fund and Axis ESG Equity Fund. Axis Global Equity Alpha Fund of Fund marks the first dedicated global feeder fund launched by Axis AMC in the Indian market. The Axis Global Equity Alpha Fund of Fund is an open ended Fund of Fund scheme that invests in the Schroder International Selection Fund Global Equity Alpha.<\/p>\n<p><i><span lang=\"EN-IN\">\u00a0<\/span><\/i><b><span lang=\"EN-IN\">Mr Alex Tedder, CIO, Head of Global &amp; Thematic Equities, Schroders Investment Management said,\u00a0<\/span><\/b><span lang=\"EN-IN\">\u2018We are excited to be partnering with Axis AMC on this fund launch. Global investing opens up a wealth of opportunity and the Axis Global Equity Alpha fund offers advisors and their clients the scope to invest in an exciting portfolio of Schroders\u2019 best global equity ideas. Our investment approach is entirely complementary to the highly successful approach utilised by Axis AMC across their local equity funds offering. And together we offer, in our opinion, the very best of local and international equity management.\u2019\u00a0\u00a0<\/span><\/p>\n<blockquote>\n<p style=\"text-align: center;\"><b><span lang=\"EN-IN\">Mr. Chandresh Kumar Nigam, MD &amp; CEO, Axis AMC said,<\/span><\/b><span lang=\"EN-IN\">\u00a0\u2018Axis AMC has always upheld the philosophy of responsible investing. Exposure to global investment opportunities today can significantly broaden the Indian investor\u2019s investment universe as well as help them improve their portfolio through diversification benefits. Our new fund, in partnership with Schroders, an organisation with a rich history of over 200 years, will help Indian investors access a high quality global portfolio through the ease and convenience of the Axis MF platform.\u2019<\/span><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>PUNE : Opportunity and diversification logic dictates that as investors we should not be closed to any meaningful, long term investment idea if we are to achieve the most optimal long term portfolio outcomes. And yet, investors in India have missed out on 97% of the global equity opportunities because their portfolios have overwhelmingly been [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,4],"tags":[160],"class_list":["post-2600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-finance-economy","tag-axismutualfund"],"_links":{"self":[{"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/posts\/2600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2600"}],"version-history":[{"count":0,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/posts\/2600\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=\/wp\/v2\/media\/2664"}],"wp:attachment":[{"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewzbiz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}