German firm DWS Group is acquiring a 40% stake in Nippon Life India Asset Management’s alternatives business. This partnership aims to expand operations in alternatives, active, and passive assets. The companies will also jointly launch passive products. A global distribution arrangement is planned for India-focused mutual funds. The alternatives sector in India is poised for significant growth.
India’s domestic growth story still strong despite global headwinds: Rajeev Agrawal
Global markets face uncertainty. Rajeev Agrawal from DoorDarshi India Fund sees India’s economy as resilient. He focuses on domestic businesses less affected by global shocks.