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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Sovereign wealth funds top investors among global funds that bet on Indian equities

Posted on 02 April 2014

Sovereign wealth funds emerged as the top investors among global funds that bet on Indian equities last year, indicating strong faith in the long-term prospects of the Indian economy that’s currently in a slump and yet to show definitive signs of a recovery.
Regulatory data showed the share of long-term funds such as sovereign wealth funds and pension funds in total foreign institutional investor, or FII, inflows into Indian equities topped 16% in December 2013 from 9% in May 2013. In absolute terms, it rose by $14 billion, according to data from the Securities and Exchange Board of India (Sebi)……………………………..Full Article: Source


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