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Avendus Absolute Return Fund crosses Rs 1,000 crore AUM

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Press Trust of India Mumbai
Last Updated : Jul 31 2017 | 9:16 PM IST
Avendus Absolute Return Fund, the first equity long/short alternate investment Fund (AIF) by Avendus Capital Public Markets Alternate Strategies, crossed the milestone of Rs 1,000 crore of assets under management in July 2017.
This target has been achieved within four months of the launch of the AIF.
The Avendus Absolute Return Fund invests in Indian- listed equities and equity derivatives, and aims to generate absolute returns with lower volatility than the overall stock market.
-------------------------------------------------------------- BSE Institute launches three programmes
BSE Institute, an arm of stock exchange BSE, has announced the launch of 'Masters in Financial Technology', 'Masters in Global Financial Markets', and 'Bachelors in Capital Markets' in collaboration with Mumbai University.
"These programmes are designed to deliver razor sharp understanding of financial markets, technological innovations and in-depth understanding of capital markets with a unique Integrated Module Methodology," BSE Institute said in a release.

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First Published: Jul 31 2017 | 9:16 PM IST

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