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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

McKinsey to test funds’ interest in infra bonds

Posted on 21 July 2011

India has asked McKinsey & Co. to test the appetite of sovereign wealth funds, pension funds and endowment trusts to committing long-term cash to develop infrastructure in the country, a senior finance ministry official said.
India plans to set up a clutch of infrastructure funds with assets under management totaling $11 billion–cash that is crucial to fix clogged ports and pot-holed roads that are hurting growth in Asia’s third largest economy……………………………………….Full Article: Source


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