Abakkus Asset Manager Shifts Strategy Toward Renewable Energy and Power Infrastructure
Mumbai-based Abakkus Asset Manager, overseeing approximately $2.06 billion in assets, has initiated a strategic portfolio reallocation, reducing its exposure to the banking sector while aggressively increasing investments in renewable energy and power-linked capital goods. Fund Manager Aman Chowhan confirmed the shift this week, noting that the move follows a sharp market rebound that has surprised…