InCred Asset Management, part of InCred Capital, is hiring top performing healthcare portfolio manager Aditya Khemka from DSP AMC. This senior hire comes on the back of the announcement of InCred Asset Management acquiring Vishuddha Capital – an equity focused AIF with a proven track record in mid-cap equities.
Under Aditya Khemka, the DSP Healthcare Fund has generated a return of over 65% over the last 12 months (and 30% since inception), which makes it the best performing sectoral fund in Pharma/Healthcare.
Aditya brings a wide range of global experience, having worked across multiple geographies in his career. He started with Glenmark Pharma in 2005, working in Brazil and Argentina, before joining Lehman Brothers in New York in 2007 covering American generics companies. He then joined Nomura in London in 2008 to cover global pharma companies, before moving with the same firm to India in 2011 to cover the Indian Healthcare sector. He joined DSP AMC in 2015. Aditya has an MSc. (Finance), PGDM (MDI, Gurgaon), CIIA (UK), and is a CFA (ICFAI).
Talking about the hire, Bhupinder Singh, Founder & CEO of InCred Group said “I am very impressed by Aditya’s deep domain knowledge in a sector which has become very relevant to investors post the Covid- 19 crisis. I am excited to have a fund manager of his calibre and proven track record joining the InCred asset management team. This hire fits well with our vision of creating differentiated and thematically well-timed products for our asset management clients.”
InCred Asset Management will aim to provide differentiated investment ideas in the rapidly growing Indian fund management industry. The aim is to cater to the investment needs of Indian investors both for onshore and offshore products, as well as to a global audience looking to invest in the India growth story. With the hiring of Aditya Khemka, InCred AMC will launch a differentiated sector-based PMS.
InCred Capital - the institutional and asset / wealth management arm of the InCred Group kick-started operations with its wealth, investment banking and capital markets businesses in 2019.