View more on these topics

Gemini MOSt India fund mines local knowledge

Gemini Investment Management’s MOSt India fund is attracting interest from multi-managers looking to diversify their funds with an Indian holding managed by a local expert rather than a global generalist.

India-based fund manager Motilal Oswal runs the fund, providing investors with access to its domestic knowledge.

The fund invests in a concentrated portfolio of 20 to 30 stocks that will be held for the long term. Motilal Oswal sees itself as a part-owner in the firms in which it buys shares, so it is not interested in banking short-term profits by buying stocks to sell a few months later.

Turnover will be low, keeping costs down relative to funds that are heavily traded – another plus for multi-managers.

Gemini says the buy-and-hold strategy distinguishes the fund from other Indian funds run by bigger, higher-profile fund management groups from places such as Singapore. The firm says Motilal Oswal is not well known in the UK but has a strong track record in India with its blend of value and growth strategies.

Gemini says the fund will appeal to multi-managers wanting exposure to India through a domestic manager rather than a global emerging markets or Bric fund from a generalist international management group.

Gemini managing director Stuart Alexander says: “Most Indian funds are trading funds but this has a buy-and-hold strategy that will not add to costs. The fund will appeal to asset allocators and will not trade in and out of markets as that is not the best way to create long-term wealth.”



Treasury failed to stick to consultation code

The Treasury’s consultation paper on the new regulatory framework breached the Government’s own code of practice by failing to providing a 12-week consultation period, according to Lansons. The Government’s code of practice on consultation states that consultations should last for at least 12 weeks, “with consideration given to longer timescales where feasible and sensible.” But […]


Forecast tool uses smiley face icons to explain risk

Financial forecasting tool provider eValue FE is testing a visual tool that aims to help advisers explain investment risk to clients. The tool shows a fund’s volatility based on the likely level of return if an investor measured performance 100 times. Using smiley face icons, the tool will show the number of likely instances the […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm