Mint reported on 6 March. These road assets are expected to be brought under the IHCT.
Canadian funds including Brookfield Asset Management have been placing significant bets on India despite simmering political tensions between the two countries. Other major Canadian pension funds that have been increasing their investments in India’s infrastructure space include Canada Pension Plan Investment Board, Public Sector Pension Investment Board, and Ontario Municipal Employees’ Retirement System.
These pension funds represent so-called patient capital that seeks modest yields over time. India fits their risk profile given that the country’s markets have matured from the early risk stage.Milestone Alert!
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