CPPIB eyes new investment avenues in India: Reuters
Canada Pension Plan Investment Board (CPPIB), the country's largest pension fund manager, is exploring opportunities in the financial services, telecoms and logistics space in India as it looks to expand its bets in the South Asian economy, CPPIB Asia Pacific head Suyi Kim told Reuters. CPPIB, which has already poured over $4 billion into real estate and other investments in the country, will expand its eight-member team in India in a measured manner, as it looks boost the share of emerging markets in its overall portfolio, Kim said. Last month, CPPIB raised its stake in Kotak Mahindra Bank, India's No. 4 private sector lender, and partnered in buying an interest in mobile masts operator Bharti Infratel.
26 April 2017•3 mins read
