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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Alaska oil wealth fund’s India exposure crosses Rs. 1,000 crore

Posted on 22 April 2013

Alaska Permanent Fund Corp, which oversees the American state’s oil wealth portfolio, has increased its investment in Indian stocks to over Rs. 1,000 crore with increased holdings in bluechips like ICICI Bank, Infosys, HDFC and Reliance Industries Ltd.
The global fund, that oversees $46 billion worth assets invested across 70 nations, had equity investments worth about $190 million (over Rs. 1,000 crore) across shares of at least 75 listed Indian companies at the end of fiscal 2012-13 ended last month, shows its latest portfolio………………………………………..Full Article: Source


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