India lets US$177bil of pensions access more assets


National Pension System funds may buy into more stocks and debt securities, as well as some gold and silver funds and more real estate vehicles. — Bloomberg

New Delhi: India’s pension regulator has broadened the scope of permitted investments, allowing deeper participation in equities, bonds and alternative assets in a sweeping update.

Under the revised guidelines issued on Wednesday, National Pension System (NPS) funds may buy into more stocks and debt securities, as well as some gold and silver funds and more real estate vehicles.

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