Global hedge funds are moving quickly to set up in India, a market that has previously received limited attention, according to a report by Reuters.
According to the report, the market’s growing depth and its growing presence as an alternative to China is making it attractive to hedge funds.
Funds including Dymon Asia Capital and Citadel Securities have been recent names to join this trend. India’s stock market valuation has doubled in just three years to as much as $3.8 trillion in September, the report added.
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