Dalton Strategic Partnership (DSP) is seeking to roll out an Indian absolute return fund in September, FundWeb reports. Gaurav Pant has been appointed to manage the MST Indian Absoute Return fund, which will be launched as a sub-fund of the Melchior Selected Trust. The product will aim to deliver a return of 12-18% via a portfolio of long and short highly liquid Indian equities. Pant, who will join the existing Indian equity investment team based in Mumbai, was previously working with Goldman Sachs.
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