Local hedge fund managers have outperformed foreign ones on seven out of nine occasions since 2007
Mumbai: Hedge funds located in India are less than half-a-billion dollars in assets, but a recent regulatory change may help their case. The Reserve Bank of India (RBI) on 16 November removed restrictions on alternative investment funds —of which hedge funds are a sub-category—based in India accepting foreign capital. This paves the way for India-based funds to capture a bigger part of the multi-billion dollar India-dedicated hedge fund assets.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.