Thursday, May 10, 2007

Lotus India Arbitrage Fund Reopens For Ongoing Subscriptions

Lotus India Mutual Fund has announced the reopening of subscriptions for its Arbitrage fund from 3 May 2007. The new fund offer for Lotus India Arbitrage Fund closed for subscriptions on 20 April 2007.
The Lotus India Arbitrage Fund is an equity oriented interval scheme, which seeks to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivates market and through deployment of surplus cash in fixed income instruments.

Lotus India Asset Management Company (Lotus India AMC) is a joint venture between Fullerton Fund Management Group (Fullerton) and Sabre Capital Worldwide. Alexandra Fund Management (AFM), the sponsor of Lotus India AMC, is an affiliate of Fullerton (both Fullerton and AFM are wholly owned by Temasek Holdings, Singapore.)

No comments: