Bain Capital-backed $44 billion wealth manager is bullish on India REITs

Indian infrastructure and real estate investment trusts present a good buying opportunity for investors seeking a hedge against inflation as the nascent market grows, according to a $44 billion wealth manager backed by Bain Capital.
 

IIFL Wealth Management Ltd. is recommending its clients allocate as much as 10% to the hybrid investments, co-founder and joint Chief Executive Officer Yatin Shah said in an interview.

“We have been proponents of these hybrid assets from the beginning,” said Shah. “They have had a phenomenal track record and there will be many more of these assets being listed.”

Three REITs, which