The Phoenix Mills Limited
Polar Capital decreased its stake in The Phoenix Mills Limited from 1.52% to 1.51%, selling 71,070 shares.
A diversified real estate developer and mall operator, Phoenix Mills constructs and manages commercial and residential properties across India. The company operates retail malls, office spaces, and hotels while providing comprehensive asset management services. Its integrated business model spans retail operations, hospitality ventures, and property development, positioning it across multiple real estate segments in the Indian market.
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.