Insurance CIO sees alts investment funds gain traction in India
An Indian insurer discusses evolving interest in alternatives funds and why the country is a bright spot for investments for global investors.
Alternative investments are gaining momentum among institutional investors, enticing insurers to consider this asset class even as local public markets continue to shine.
“We are seeing good traction in the alternative investment funds (AIF) in India and the quantum of funds that they are mobilising and deploying," said Ajit Banerjee, CIO of Hyderabad-headquartered Shriram Life Insurance.
“AIF as an investment is still evolving in India, and thus, many new regulations are being …
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