According to sources, GIC is in the final leg of three real-estate deals in the country. They relate to properties or significant stakes in portfolios of key investors
"Monetary tightening is squeezing economies and markets - household wealth will feel the pinch," Allianz said the report. "In real terms, households will lose a tenth of their wealth."
Ritu Arora, Asia CEO & CIO, Allianz Investment Management Singapore says her expectation of Indian earnings at a compound annual growth rate is 8-12 per cent
High-quality equity investments are the best asset class to allocate long-term growth capital, Arora said
The German insurer is one of the world's biggest money managers with 2.4 trillion euros in assets under management
We are assuming that the Covid impact would be for the next couple of quarters, while the economy will remain largely resilient over the long term, says CEO Arora
Allianz's total private credit investments in the country is worth about $650 million and it is looking to increase it to $1 billion in 2021
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