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IN BRIEF: Ashoka India Equity Investment Trust has new co-manager

ALN

Ashoka India Equity Investment Trust PLC - high conviction, long-only investor for capital appreciation in securities listed, or with a high presence, in India - Hiren Dasani is appointed as co-portfolio manager, starting on Tuesday next week. Dasani is joining the trust’s Singapore-based investment manager, WhiteOak Capital, as chief investment officer of emerging markets. He will be co-portfolio manager alongside Prashant Khemka and Ayush Abhijeet. Dasani joins WhiteOak from Goldman Sachs Asset Management, part of Goldman Sachs Group Inc, where he worked for 18 years, including as co-head of global emerging markets equity since May 2017.

Current stock price: 275.96 pence

12-month change: up 1.5%

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