Managers are hopeful that India's new finance minister will lift the cap on foreign investment in domestic government bonds, which were over-subscribed in an auction this month.
Ed Bernard, vice-chairman of T Rowe Price, discusses the Baltimore firm's investment in Indian asset management company Unit Trust of India.
Todd Ruppert outlines his roadmap for T Rowe PriceÆs expansion in Asia, following the firm's acquisition this week of a 26% stake in India's UTI Asset Management.
The Unit Trust of India partners with HSH Nordbank and Noor in a $500 million private equity fund to invest in Indian infrastructure projects.
In advance of opening a full-fledged India office, financial sponsor Advent appoints P J Nayak, previously with UTI and Axis, as an operating partner.
Praveen Jagwani, the new CEO at UTI-Shinsei, explains the rationale behind the Indian-Japanese funds joint venture in Singapore.