City Of London Investment Management Co Ltd buys $102.1 Million stake in Morgan Stanley India Investment Fund Inc (IIF)

Morgan Stanley India Investment Fund Inc (IIF) : City Of London Investment Management Co Ltd scooped up 161,085 additional shares in Morgan Stanley India Investment Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 4,007,759 shares of Morgan Stanley India Investment Fund Inc which is valued at $102.1 Million.Morgan Stanley India Investment Fund Inc makes up approximately 7.74% of City Of London Investment Management Co Ltd’s portfolio.

Other Hedge Funds, Including , Rmb Capital Management reduced its stake in IIF by selling 59,385 shares or 77.83% in the most recent quarter. The Hedge Fund company now holds 16,915 shares of IIF which is valued at $430,825. Morgan Stanley India Investment Fund Inc makes up approx 0.03% of Rmb Capital Management’s portfolio.Accuvest Global Advisors reduced its stake in IIF by selling 10,400 shares or 17.84% in the most recent quarter. The Hedge Fund company now holds 47,895 shares of IIF which is valued at $1.2 Million. Morgan Stanley India Investment Fund Inc makes up approx 0.61% of Accuvest Global Advisors’s portfolio.North Star Asset Management Inc reduced its stake in IIF by selling 910 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 135,365 shares of IIF which is valued at $3.4 Million. Morgan Stanley India Investment Fund Inc makes up approx 0.41% of North Star Asset Management Inc’s portfolio.Evergreen Capital Management reduced its stake in IIF by selling 30 shares or 0.03% in the most recent quarter. The Hedge Fund company now holds 108,855 shares of IIF which is valued at $2.8 Million. Morgan Stanley India Investment Fund Inc makes up approx 0.61% of Evergreen Capital Management’s portfolio.

Morgan Stanley India Investment Fund Inc opened for trading at $25.65 and hit $25.89 on the upside on Wednesday, eventually ending the session at $25.75, with a gain of 1.86% or 0.47 points. The heightened volatility saw the trading volume jump to 24,480 shares. Company has a market cap of $413 M.

The Morgan Stanley India Investment Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund invests in automobiles; banks; information technology services; Internet software and services; chemicals construction and engineering; consumer finance; machinery; media; metals and mining; oil gas and consumable fuels; pharmaceuticals; real estate management and development; road and rail; textiles apparel and luxury goods; food products; household products and wireless telecommunication services. The Fund’s investment Adviser is Morgan Stanley Investment Management Inc. and sub-adviser is Morgan Stanley Investment Management Company. The Adviser a wholly owned subsidiary of Morgan Stanley provides the Fund with advisory services. The Adviser also serves as Administrator to the Fund and provides administrative services.

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