There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Bhandari is gradually building a team, from both internal transfers as well as from external hires, to work on a rising number of investment opportunities, both actual and potential, across a number of sectors.
At least for the time being, most of his teamÆs work is within India. ôWe have deals in other places but theyÆre not moving at the same velocity as those within India,ö he explains. The new team will help ensure the fund remains geographically and sectorally diverse, he adds.
There are no immediate plans to launch India-themed or regionally themed versions of the Infrastructure Partners Fund, although he says that could become a possibility should the investment team end up with enough specific assets to warrant such a product.
He reports both to Sadek Wahba, global head of Morgan Stanley Infrastructure in New York, and regionally to John Myers, managing director in Hong Kong. The infrastructure fund already has offices in New York, Europe, Hong Kong and Beijing.
Bhandari says a lot of his time will be spent working on both companies with greenfield projects as well as companies that require capital to complete large, capital intensive, projects that are well underway. The firm is looking to work with both large and small developers with good execution capabilities; and to support bids by developers or contractors for mandates for specific projects.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.