Wednesday, 2 September 2015
Last updated 1 hour 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…