Gaurav Pant has just been appointed as investment advisor to the new MST Indian Absolute Return Fund (MSTIARF), in Mumbai, by global investment specialist Dalton Strategic Partnership (DSP). According to Hedge Week, it is anticipated that this fund will start in two months’ as “a sub-fund of the Melchior Selected Trust, a Luxembourg SICAV.” Fund’s…
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Mumbai government-owned Oman Investment Fund is working on an agreement to purchase part of stake owned by National Stock Exchange. Together with hedge fund NSE, the OIF will soon be part-owners of the National Commodity & Derivatives Exchange (NCDEX). According to a report, this deal will “value the bourse at Rs 700 crore.” The split…
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