State Street enters Indian mutual fund market via joint venture
after close1 source ↓written by the desknot a recommendation
State Street Investment Management plans to enter the Indian mutual fund market through a joint venture in GIFT City, under the International Financial Services Centres Authority (IFSCA). This marks its first move into India's growing passive funds sector, driven by increasing investor interest and smart beta products. An announcement is expected in the next one to two months. 📈
Not investment advice. For informational purposes only.