Max Financial Services Limited
Polar Capital's 1.06 percent position in Max Financial Services Limited has vanished from the latest filing, leaving open whether it was a full exit or a slide beneath the 1 percent line that triggers disclosure.
A leading investment and advisory services company that owns and actively manages a majority stake in Max Life Insurance, one of India's largest non-bank life insurers and fourth largest private life insurance operator. The company provides management advisory services to group entities and nurtures business investments across the Max Group conglomerate, playing a pivotal role in India's insurance sector.
A London based specialist asset manager founded in 2001 by the team behind its technology fund, and listed on the London Stock Exchange. It runs high conviction thematic strategies rather than broad index trackers, with particular depth in technology, artificial intelligence, healthcare and smart energy. Its Indian holdings come through two vehicles, the Healthcare Opportunities Fund and the Emerging Market Stars Fund, so positions here reflect either a sector view or a wider emerging markets allocation.