30th September 2020
Bank J. Safra Sarasin launches new Responsible India fund
- Captures opportunities in India’s fast-growing economy and booming consumption space
- Rigorous active bottom-up investment approach integrated with J. Safra Sarasin Asset Management responsible investment practices
- High conviction portfolio of quality growth stocks
Bank J. Safra Sarasin recently launched the JSS Responsible Equity – India fund, which seeks to capture attractive opportunities in the country’s fast-growing economy. The Fund invests in high quality, growth stocks, and is advised by UTI, a leading pioneer in India’s asset management industry.
Backed by favourable demographics and sound policy reforms, India’s economy is expected to become the third-largest in the world by 2030. In particular, its middle-class consumption, which has been a key pillar of the economy, could account for 40% of global consumption by 2050. This presents vast opportunities for the Fund to tap into.
The Fund employs a rigorous and active bottom-up investment approach, integrated with responsible investment practices that provide additional insights, resulting in a high conviction portfolio of quality companies with return potential.
The JSS Responsible Equity – India fund benefits from UTI’s local network and knowledge, as well as the sustainability expertise of J. Safra Sarasin Asset Management, a pioneer in the field with over 30 years of experience.
Oliver Cartade, Head of Asset Management & Institutional Clients Division, commented:
“As one of the world’s most vibrant and fast-growing economies, we believe that India represents an exceptional investment opportunity for long-term investors. We are extremely proud to partner with UTI for the launch of the JSS Responsible Equity – India fund. Their best-in-class investment approach, coupled with the award-winning sustainability expertise of J. Safra Sarasin, offers a truly unique investment opportunity for our clients.”
Ajay Tyagi, Portfolio Advisor of the JSS Responsible Equity – India fund, said:
“Our high quality, high growth strategy in India has been able to deliver alpha consistently over the last decade. Within this portfolio, we have observed that companies that measure up well on the responsible framework have done even better. This is precisely why we are excited about the prospects of the JSS Responsible Equity – India fund which will operate at the trisection of quality, growth and responsible investing.”