At the end of the September quarter, Swiss-Asia Holding Pte through its affiliate Griffin Growth Fund VCC owned 1.03 per cent stake in ABFRL, shareholding data pattern showed with the BSE.
Kiener, managing director and chief investment officer, Swiss Asia is bullish on the asset class' long-term prospects as investors are likely to pull out money from the equities market and allocate them in gold.
Juerg Kiener, MD & CIO, Swiss Asia Capital, says that China is very aggressive in accumulating investments in gold space in Australia and Africa.