INDIA - More than 15 of the world's top 20 global pension funds are making investments in India, according to Watson Wyatt.
It is understood some of the funds were already limited partners in India-focused private equity funds.
The investments come despite the Bombay Stock Exchange's benchmark Sensex being more than 40% off its peak this year.
The firm explained one reason for the interest in India was easier regulation by Sebi.
In the past, the exchange board had allowed pension funds to register even if they were not regulated by their domestic securities market regulators.
Mercer investment consultant and principal Rashmi Mehrotra told Indian newspaper Business Standard that allocations to emerging market equities were simply going up because developed markets were slowing down.
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