The IAIR AWARDS 2011, II edition, took place successfully on November 11th at the Visconti Palace in Milan. INDIA CAPITAL MANAGEMENT won as Excellence in Alternative Investments – Hedge – Asian Funds.
Jon Thorn, Co-Founder & Director, commented the Award:
We greatly appreciate the support from the investment community, Le Fonti publishers and IAIR in awarding India Capital Management winner of Excellence in Alternative Investments – Hedge – Asian Funds, in recognition of our long and distinguished service in the alternative investment sector and Indian public equities. It is even more rewarding to have won this in an extremely difficult year for the Indian equity market. Battling the challenges of the most aggressive monetary tightening in the world and a weakening currency, the Fund maintained its discipline and investment strategy. Despite this landscape, or perhaps because of the value now available, we were very happy to receive also a strong net inflow of investor capital for 2011. This IAIR award complements our flagship fund’s award of Best India Fund by Eurekahedge last year. These, together with the awards we have won in the past, will serve as benchmarks of excellence which India Capital is confident of maintaining in the years ahead.
And talked about the goals of his company for 2012.
As 2012 begins, we are positioning the Fund for what we think is an unusually attractive set of opportunities ahead. This includes increasing exposure to companies and sectors that we expect to capitalize on the next leg of India’s growth, a number of them not well researched or understood in the wider market. We are also continuing to develop our team and those of our affiliates, which have more than forty five years of combined experience in India investing and research and have been instrumental to the Fund’s distinctive approach. In addition, we are investing in the further enhancement of Compass, our proprietary research database, which gives us access to a range of information and analytics not available to other investors in the Indian market. All of this reflects an ongoing commitment to the fundamental, research-heavy strategy that has underpinned our results to date and will in our view lead to continued performance in the years ahead.