India’s alternative investment market could grow more than five-fold to over $2 trillion by 2034, driven by rising participation from high-net-worth investors and growing demand for higher-yielding assets that are less correlated with traditional investments, according to a report by EY and Julius Baer, as quoted by ANI.
The market is estimated at around $400 billion currently, of which $156 billion is held in SEBI-registered Alternative Investment Funds (AIFs). The rest comprises investments through offshore vehicles, family offices and other unlisted structures, the report said.
