Ashburton Investments to merge India Equity Opportunities Fund with IIFL AMC’s fund
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India, Chennai, December 6, 2017: Ashburton Investments, the asset management arm of the FirstRand group and IIFL Asset Management (IIFL AMC) have signed binding agreements to merge the Ashburton India Equity Opportunities Fund* into the IIFL India Equity Opportunities Fund* (UCIT’s based in Luxemburg). The merger is subject to all necessary regulatory and board approvals. Investors can …