J. Safra Sarasin launches 'Responsible India' ESG fund

Bank J. Safra Sarasin has launched the JSS Responsible Equity - India Fund, which seeks to capture attractive opportunities in the country's fast-growing economy. J. Safra Sarasin said the Fund invests in high quality, growth stocks, and is advised by UTI, a leading pioneer in India's asset management industry. Backed by favourable demographics and sound policy reforms, India's economy is expected to become the third-largest in the world by 2030. In particular, its middle-class consumption, which has been a key pillar of the economy, could account for 40% of global consumption by 2050...