Japan's Nissay to launch new India-focused funds


  • World
  • Monday, 01 Sep 2014

MUMBAI (Reuters) - Japan's Nissay Asset Management, part of Nippon Life Insurance, is launching two India-focused funds that will invest in equity and debt markets, the fund manager said in a statement on Monday.

India's Reliance Capital will provide advisory services for the two funds, which will raise money from Japanese retail investors and from within Nippon Life Insurance's general account.

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