1/1/2025, 3:16:02 pm

This $2 billion fund manager increases weightage on large caps

Sunil Singhania, Founder of Abakkus Asset Manager, which manages over $2 billion in assets, has increased the weightage of large-cap stocks in the all-cap fund. "What we're trying to do is shift towards companies where earnings are a little more visible and sustainable in the near term also. Our experience over the last six months has been that when the markets have been a little bit challenge."