By achieving “pass-through” status for AIFs, investors can achieve a better return on their investment | Photo credit: M.photostock In an effort to attract capital into the distressed asset sector, asset reconstruction companies (ARCs) have sought a ‘pass-through’ status for the income earned by alternative investment funds (AIFs) from their investments in such assets. If […]
Nippon Life India Asset Management (NAMI) and DWS Group today announced that both companies have entered into a Memorandum of Understanding (MoU). Under the MoU, DWS plans to invest in Nippon Life India AIF Management (NIAIF) to further scale Nippon India’s Alternatives business. With nearly $1 billion in commitments and a proven track record of […]
Ready to listen: Sanjay Malhotra, Governor, Reserve Bank of India | Photocredit: Dhiraj Singh “We must be aware that we do not have the monopoly of all knowledge,” said Reserve Bank of India (RBI) Governor Sanjay Malhotra in his first public statement after taking over the institution entrusted to handling government finances and have provided […]