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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Sovereign funds rethink India strategy post tame Budget

Posted on 30 March 2012

As concerns about the India story mount some institutional investors are taking money off the table. Leading that list is the world’s second largest sovereign fund, Norway’s Government Pension Fund with total assets under management of over USD 600 billion. The fund has halved its exposure to Indian equities in 2011.
FII inflows so far for 2012 have been strong, helping the Indian markets rally. But the post budget disappointment is starting to weigh on the investment decisions of some institutional investors………………………………………..Full Article: Source


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