An alternative investment fund is a vehicle where the minimum investment is Rs 1 crore
Recent plans announced by the government and the regulator are important steps towards empowering subscribers
After playing LP (investors in PE funds), the Canadian pension fund is keen to invest directly in India
Biggest reason is the poor returns they got from their assets in superlow interest-rate environment
Over a third of India's elderly people - 38% - continue to work
CPPIB, CDPQ, PSP Investments and APG invest Rs 11,000 crore in 28 months
The authority manages about Rs 1.70 lakh crore of funds belonging to 1.5 crore subscribers