Page 9 - Alternative Investment Funds
AIFs line up to enter turbulent debt market; 'demand for patient money'
Experts see demand for patient money, away from daily pressures faced by MFs
 "AIFs line up to enter turbulent debt market; 'demand for patient money'")
AIFs in GIFT City boost for attracting new funds, generating jobs: Experts
According to Sebi guidelines, AIF is IFSC can now invest into India under the FPI / FVCI and FDI route
 "AIFs in GIFT City boost for attracting new funds, generating jobs: Experts")
Sebi issues guidelines to set up alternative investment funds in IFSC
Under the rules, each scheme of the AIF will have a corpus of at least $3 million
 "Sebi issues guidelines to set up alternative investment funds in IFSC")
AIF investments grow 9% in Q1 of calendar 2018; cumulative growth at 75%
Experts say key decisions by Sebi and other factors helped spur growth, improving liquidity and depth in the market
 "AIF investments grow 9% in Q1 of calendar 2018; cumulative growth at 75%")
Fund managers make switch to high-growth AIF industry
Marquee fund managers are making the switch from mutual funds to newly introduced alternative investment funds (AIFs), which are seeing a rapid growth in commitments thanks to a spike in the number of wealthy investors.Last week, Franklin Templeton appointed S Naganath, chief investment officer (CIO) of rival DSP Blackrock, as head of its AIF division. Earlier this month, former head of equities of IDFC MF Kenneth Andrade, known for picking mid-cap winners, announced the launch of an AIF, eyeing to raise ~400 crore from rich investors.Also, Sunil Singhania, former CIO of Reliance MF, was moved to parent Reliance Capital as global head-equities a few months ago, a role that would focus on expanding the footprint of the company in products such as AIFs and wealth management. In March, Rajesh Sehgal, executive director of Franklin Templeton Asset Management, ventured into the AIF space through the firm he founded: Equanimity Investments.This shift is not surprising, considering the ...
 "Fund managers make switch to high-growth AIF industry")
Alternative investment funds gain traction, draw Rs 1 lakh cr
With buoyancy in capital markets, investors are increasing looking at alternative investment funds (AIFs), which offer high investment flexibility.According to data compiled from the Securities and Exchange Board of India(Sebi), the industry has raised investment commitments worth nearly Rs 1 lakh crore as of June 2017 - a fourfold jump from Rs 24,873 crore two years back.Market participants say, this surge in the popularity of AIFs is on account of stellar returns given by the existing funds along with easing of regulatory framework. In the last three years, Sebi along with the government have ushered several relaxations in the AIF regime. While the government provided a pass-through status for Category I and Category II AIFs in 2015, the holding period for availing long term capital gains in the investments made by AIFs in the unlisted space was reduced to two years from three years.Further, Sebi recently waived AIFs from fulfilling the one-year lock-in period post initial public ...
 "Alternative investment funds gain traction, draw Rs 1 lakh cr")
AIFs bloom on easier norms
Total inflows double to Rs 24,862 crore over past year; however, more changes needed, say observers
 "AIFs bloom on easier norms")
Track record of fund manager most relevant
AIFs give wider choice, diversification and could offer unique investment options. But the amount of research required from investors is a lot more
 "Track record of fund manager most relevant")
AIF investments rise 30% to Rs 18,000 crore in March quarter
More than 200 AIFs have been registered with Sebi since 2012
 "AIF investments rise 30% to Rs 18,000 crore in March quarter")
