Yield-hungry foreign investors train sights on InvITs in India

Yield-hungry foreign investors train sights on InvITs in India

A man looks up at an electronic ticker board that indicates stock figures at the Bombay Stock Exchange (BSE) in Mumbai, India, on Friday, Jan. 27, 2017. Photographer: Dhiraj Singh/Bloomberg

Infrastructure investment trusts (InvITs) seem to be finally catching on with investors, especially private equity funds and long-term capital providers such as pension and sovereign wealth funds, even as domestic investors continue to shy away from the instrument.

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