The ‘Q’ in Q-ACPI comes from the firm’s partnership with Quantum Asset Management, a Bombay-based asset management firm that will provide the local fixed income market and securities research.
The Mauritius domiciled fund is an actively managed, absolute return, non-benchmark fixed income product with strong capital preservation emphasis. It will invest in government-issued securities, of both central government and government-owned businesses, as well as high grade Indian corporate bonds.
All of these will be rupee-denominated instruments and priced in dollars.
The objective of the fund is to maximise risk-adjusted returns, targeting a dollar return of 10%-12% per year with a target volatility of 7%.
Seeded with $50m, the launch date is mid-August.
