Edelweiss Alternate Asset Advisors is the largest private debt manager in India with assets under management of approximately $3bn. The Ontario Teachers' Pension Plan Board has $204.7 billion in net assets and holds a diverse global portfolio of assets, approximately 80% of which is managed in-house. … [Read more...] about Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
Cygnus investment management
The Reliance arm is India’s biggest brick-and-mortar retail business and its footprint spans across 11,806 retail stores in over 7,000 towns with 28.7 million sq ft of retail space. Reliance Retail, founded in 2006, said in end August that it would buy the retail and logistics businesses of Kishore Biyani’s Future Group in a deal valued at $3.38 billion, including debt. … [Read more...] about PE fund Silver Lake to invest in Reliance Retail, buys 1.75% stake for Rs 7,500 crore
Focused funds, if managed well, can yield good results as a performing stocks can lift the entire scheme’s fortunes up. In polarized markets such as the ones we have been witnessing in recent years, focused funds tend to do well. Plain-vanilla diversified schemes can sometimes end up with bloated portfolios – partly on account of their gigantic sizes – with a long tail of stocks that have marginal allocations. While some of these stocks may see strong performance, investors may not benefit as the fund manager would have made minimal or negligible investment in the stock. … [Read more...] about Invesco India Focused 20 Equity NFO: Should you invest?
Moneycontrol’s takeYou could just as well plan for your child’s future through an existing and even an open-ended fund that comes with a track record.SBI’s fund will now have two variants – equity and debt-oriented – just like most other children-focused mutual fund schemes. It also aims to benefit from investing across asset classes; a strategy that has proved beneficial in recent times. Of course, the scheme is meant for a child’s financial planning and comes with a five year lock-in. Investors can give the new scheme a miss. Instead, the fund house’s other existing open-ended schemes may help reach your financial goals. … [Read more...] about SBI Magnum Children’s Benefit Fund (Investment Plan) NFO: Should you invest?
The silver lining is that the mutual fund industry added 11.16 lakh new SIP accounts in August. Almost equal additions were made in the month of July as well. Currently, mutual funds have about 3.30 crore SIP folios through which investors regularly invest in schemes. … [Read more...] about Mutual funds managed 3.30 crore SIP accounts as on August 31; inflows fall a tad