Former Reliance Capital exec’s hedge fund bets on forgings company

A homegrown hedge fund which focuses on India’s public equity markets has made its third investment in less than six months. Abakkus Asset Manager LLP, an asset management fund incorporated in March by Reliance Capital’s former global head of equities Sunil Singhania, recently bought a 1.53% stake in Ramkrishna Forgings Ltd. The ......