IIFL’s Luxembourg-domiciled fund

IIFL Asset Management has launched its first Luxembourg-domiciled UCITS Fund — IIFL India Equity Opportunities Fund. The fund was launched following the merger of Ashburton India Equity Opportunities Fund into IIFL Fund. Pursuant to this, IIFL Fund commenced its operations with $75-million in assets under management on January 29, 2019, with IIFL Capital Pte Ltd, Singapore, being its investment manager, it said in a release. IIFL India Equity Opportunities Fund is a sub-fund of IIFL Fund, a UCITS in the form of an open-ended investment company. Our Bureau