India-focused hedge fund reports 61% return in 2014 16/01/2015

India-focused hedge fund reports 61% return in 2014
16/01/2015 15:48
Kuwait-based Global Investment House (Global) has announced that the Mayur Hedge Fund, a growth oriented fund with a net long bias, has reported 61 per cent return for the year 2014 , said the media report. The Mayur Hedge Fund is an India-focused product managed directly by Global that aims to achieve capital appreciation through investing predominantly in equity related instruments of Indian companies. The fund has the flexibility to take long and short positions on Indian securities. This fund structure enables it to achieve capital appreciation simultaneously mitigating downside risk.