Ashoka India Equity Investment Trust
From Wikipedia, the free encyclopedia
- LSE: AIE
- FTSE 250 Index component
| Company type | Public company |
|---|---|
| |
| Industry | Investment trust |
| Founded | 2018; 7 years ago (2018) |
| Headquarters | , England |
Key people | Andrew Watkins (chair) |
| Website | www |
Ashoka India Equity Investment Trust plc (LSE: AIE), is a large British investment trust focused on investments in companies that are listed in India or have a significant presence there.[1] The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]
Established in 2018, the company is managed by White Oak Capital Management, which is led by Prashant Khemka, who built up the India and emerging-markets funds at Goldman Sachs.[3] The company explained, in March 2025, that one of the factors causing the growth in net assets was the protectionist policies of the United States, which was causing businesses to relocate from China to India.[4] The chair is Andrew Watkins.[5]
References
- ↑ "What the best India funds are buying". Investors Chronicle. 16 May 2025. Retrieved 3 June 2025.
- ↑ "FTSE UK Index Series – Annual Review June 2023". FTSE Russell. 4 June 2023. Retrieved 4 June 2023.
- ↑ King, Max (5 November 2023). "Ashoka: A new, but reliable, trust you can count on". Moneyweek. Retrieved 4 June 2025.
- ↑ "Ashoka India Equity beats benchmark, hails broadened thesis". Alliance News. 10 March 2025. Retrieved 3 June 2025.
- ↑ "Ashoka India Equity trust to issue new shares in hunt for new capital". Investment Week. 28 May 2021. Retrieved 3 June 2025.