Quantum Mutual Fund’s sponsor and Holding Company of Quantum AMC, Quantum Advisors Private Limited, was founded by Ajit Dayal in 1990 as India’s first institutional equity research house. Quantum Advisors pioneered a quantitative as well as qualitative analytical approach to equity investing in India, providing – for the first time – consistently applied valuation metrics to evaluate investment opportunities in India’s emerging stock markets. Over the years, Quantum Advisors has continued and enhanced its tradition of extensive financial analysis and value investing, as it has evolved into an investment advisor and asset manager across equities, fixed income, and real estate.
Quantum Advisors has acted as an independent advisor and local partner in India for many well-known institutions. In its formative years, Quantum Advisors had a successful joint venture with Jardine Fleming (with over USD 1 billion invested in the Indian stock markets) and acted as sub-advisor to the Walden Nikko India Ventures Fund (1996-1998), the Prolific India Opportunities Fund (1996-1998), and Hansberger Global Investors, Inc (1998-2004). Since then, the company has built the bulk of its business around managing Indian equity investments for some of the largest institutions in the world, including sovereign wealth funds, pension funds, endowments, and foundations.
Quantum Advisors is 50.8% owned by Mr. Dayal and the Management Team and 49.2% owned by HWIC Asia. HWIC Asia is ultimately promoted and wholly owned by Fairfax Financial Holdings Limited (“FFHL”). FFHL is a financial services holding company which, through its subsidiaries, is engaged in property & casualty insurance and reinsurance and investment management activities. FFHL is listed on the Toronto Stock Exchange and is the ultimate parent entity of the Fairfax group.
Quantum Advisors is currently registered as a Portfolio Manager with SEBI, an Investment Adviser with the SEC, and a Restricted Portfolio Manager with the Canadian Provinces of British Columbia (BCSC), Ontario (OSC), and Quebec (AMF). In addition, Quantum Advisors provides investment advisory services to its affiliate QIEF Management LLC, based in Mauritius.
As of 31/12/2019, Quantum Advisors along with its affiliates (including QAMC) had total assets under management of USD 2.64 Billion
(~Rs 18,754.79 Cr ), of which USD 2.39 Billion (~Rs 17,082.47 Cr) is in equity.