AsianInvestor gained the views of the Asia CEO and CIO of Allianz Investment Management on the rationale behind its recent Indian private credit investments.
Experts overwhelmingly point to China as the market with the most potential for renewable energy, but asset owners have invested in other Apac markets such as Australia and India.
The German insurer's recent investment in Kotak’s real estate debt platform is the latest sign that global asset owners are continuing to eye Indian private credit strategies.
Some of the country's family offices are aiming to build larger positions in unlisted investments in order to take advantage of its maturing alternative asset sector.
The Indian government will have to demonstrate it can deliver on its promises if it is to attract foreign investor capital into its ambitious infrastructure investment agenda.
Asset owners and managers are being drawn to private credit investments in China and India, but also other areas. However, Asia presents unique risk challenges too.