TAGS: MUTUAL FUND, MOTILAL OSWAL ASSET MANAGEMENT, INTERNATIONAL PLANS
Motilal Oswal Asset Management India (MOAMC)will be expanding its footprints into international markets with the Motilal Oswal India Fund (MOIF). Motilal Oswal is one of India’s most trusted equity asset managers.
Motilal Oswal has gone live with the launch of its offshore domiciled India strategy (MOIF)on October 03, 2016. It will give Global Institutional investors access to its Indian equity capabilities.The fund has received seed investments from offshore clients.
As a boutique investment manager based in Mumbai, Motilal Oswal focuses on generating absolute returns for their investors over a medium term horizon, by investing in a concentrated portfolio of high quality India companies, with extraordinary growth potential over a sustained period of time.
This is well received by the investor segment, which is looking for highrisk-adjusted returns on their India exposures, over the medium to long term.
Motilal Oswal Capital is a long only India equity manager started by Raamdeo Agrawal, widely recognized as one of India’s best investing minds. The Group manages over USD 2 Bn in AUM, across managed accounts and co-mingled funds, with a successful track record of 13 years (since 2003).
Motilal Oswal Group wasco-founded in 1987 by Motilal Oswal and Raamdeo Agrawal. A diversified financial services organization with over $1 billion in market capitalization (as of June 30, 2016), the firm has earned a reputation as a trusted name in India and is well recognised by global institutional investors for its strong equity and research prowess.
Investing Prowess behind MOIF:
With the expertise of investing in equity markets for close to 40 years, Raamdeois recognized as one of India’s best investing minds. He is well known for the ‘Motilal Oswal Annual Wealth Creation Study’, a study he has been authoring over the last 20 years (since 1996), which has also helped shaped the group’s proprietary investing framework – QGLP. Research & Stock picking is Agrawal’s passion.
Talking about the MOIF going live, Raamdeo Agrawal said, “There are trillions of dollars of global savings staring at zero percent yields. The Indian capital market is a very attractive destination for such savings. India continues to grow at 7-8% per annum, and the government is unleashing a whole new generation of reforms aimed at ease of doing business in India. Amidst all this, corporate earnings growth is likely to resume, which will ensure that Indian stock markets remain buoyant going forward.”
Karun Marwah, Director of International Business at Motilal Group also stated “Trying to time an entry to India is less relevant if you are focused on the earnings potential of quality companies over a medium to long term. Our approach does that, and has generated strong absolute returns for our investors over the medium term, notwithstanding the broader market valuations in India at the time of entry.”
Karun also said, “A proven investment approach of making concentrated investments in quality Indian companies with long term growth potential, backed by a credible track record and local presence has been well received by international institutions”.
The Motilal Oswal India Fund (MOIF) is an offshore domiciled long-only India equity strategy, it provides access to foreign institutional investors to participate in focused themes that are a part of India’s Next Trillion Dollar (NTD) GDP opportunity.
The fund is designed to invest on lines of its long standing domestic strategy Next Trillion Dollar Opportunity (NTDOP) thathas a track record of over 9 years and will be advisedby the same PM, Manish Sonthalia.
Motilal Oswal’s International Plans
Having built a long and credible track record and experience domestically, Motilal Oswal brought a Director on board in 2015, Karun Marwah, to focus on the International markets and build an international presence by presenting the firm’s unique investment capabilities to a suite of select international investors.
Over the last 12 months of its global outreach, the firm has been well received by key global institutions. The firm has built a credible track record of high dollar returns over the last 14 years and that remains a very attractive proposition for the institutions they meet with.
Registered Investment Advisory (RIA) License, US.
Motilal Oswal Asset Management has recently incorporated a new company, Motilal Oswal Capital which plans to obtain a Registered Investment Advisory (RIA) License under the SEC Investors Advisors Act of 1940. The same would enable it to focus on managed accounts for US institutions such as Endowments & Pensions Funds.