The India Fund of New York announced today that shareholders have approved a new country adviser for the fund. The new country adviser, Advantage India of New York, replaces Infrastructure Leasing and Finance Services of Mumbai, India.

Advantage Advisers of New York will continue as the fund’s investment managers. The approval was secured at the closed-end fund’s annual shareholder meeting on April 20.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.