STOCK MARKET BSE NSE

‘FPIs keen on investing in REITs, InvITs’, says SEBI chairman Ajay Tyagi

The SEBI chief also emphasised that with US-based FPIs accounting for nearly a third of the total FPI assets of around $450 billion in India, US investments are particularly important. 

Published: 08th October 2019 08:24 AM  |   Last Updated: 08th October 2019 08:24 AM   |  A+A-

SEBI chairman Ajay Tyagi

SEBI chairman Ajay Tyagi (Photo | PTI)

By Express News Service

NEW DELHI: Chairman of the Securities and Exchange Board of India (SEBI) Ajay Tyagi on Monday said that there was a lot of interest among foreign investors for Indian real estate and infrastructure investment trusts (REITs and InvITs).

Tyagi’s statement comes after a series of meetings with investors in the United States, including industry and investor associations, which were held in New York, Boston and Washington DC during the week from September 30 to October 4.

“The participants were keen on emerging areas such as REITs and InvITs which have more than $10 billion asset size as on today,” Tyagi said, adding that there has widespread appreciation from stakeholders for the regulator’s recent initiatives.

The market regulator also noted that several participants also showed interest in the Alternative Investment Fund (AIF) area, where relaxed foreign investment norms have seen investments rise more than 15 times over the past 5 years.

The SEBI chief also emphasised that with US-based FPIs accounting for nearly a third of the total FPI assets of around $450 billion in India, US investments are particularly important. 



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp