Julius Baer launches Indian hedge fund

Ex-Cargill and CLSA India specialists to manage multi-strategy Indian fund .

Swiss private bank, Julius Baer, has teamed up with Singapore-based fund managers, Abhijit Raha and Tarun Gandhi, to launch a multi-strategy Indian hedge fund off its platform.

The Julius Baer Multi Opportunities India Millennium Fund launched with between $10 and $20 million under management, raised largely from private investors. The fund aims to generate an annual return of 15%, while also placing an emphasis on controlling volatility. In the current market context, Raha says he expects...

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