21.07.2011 - McKinsey to test funds' interest in infra bonds
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
Print