Saturday, 10 October 2015
Last updated 15 hours ago
Oct 9 2012 | 10:57am ET
India's market regulator has given its blessing to two more alternative investment funds, bringing the number of such funds in the world's second-largest country to nine.
The approvals for the Dicci Trust and Real Estate Opportunities Trust came last month and this month, less than a month after they applied. At least 18 more applications to launch alternative investments funds are on the Security and Exchange Board of India's desk.
India approved its first seven hedge funds in July and August. The regulator promulgated new rules covering alternative investments in April.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…