Marcellus Investment Managers plans to launch a Global Alternative Investment Fund (AIF) in February 2025, according to media reports. This move aims to offer Indian investors portfolio diversification by tapping into the potential of global equities, particularly in the US market.( Source: moneycontrol.com )

The fund will capitalise on the US market's strong talent pool and robust economic growth, while maintaining a long-term optimistic view on the Indian market, particularly in sectors like private sector banking, IT, and pharma. Marcellus emphasizes the importance of diversification and avoiding overvalued sectors, advising investors to exercise caution and focus on undervalued companies with strong fundamentals.

This AIF seeks to address the limitations of current investment options, such as the Reserve Bank of India's $7 billion limit on mutual fund investments in overseas equities.