Singapore-based multi-strategy hedge fund Dymon Asia Capital and Citadel Securities are among funds and securities brokers entering a market they had smaller exposure to in the past, worried about tax issues and their ability to hedge investments through short-selling.
“But in the last 12 to 24 months, India has become more and more of a significant contributor in terms of returns and risk-taking in the overall portfolio." Prashant Kothari, senior investment manager at Pictet Asset Management, points to how Indian stocks have received foreign inflows of around $6 billion so far this year, representing more than half the total net inflows into global stocks.Sachin Kewalramani, portfolio manager and head of Asia fundamental equities at hedge fund Citadel, said the firm was looking to hire more investment professionals and engineers from India for its international equities team.
Yak said they were in the process of opening an office in Bangalore overseen by an Indian native cofounder.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: Investingcom - 🏆 450. / 53 Leer más »
Fuente: Reuters - 🏆 2. / 97 Leer más »