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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

Nippon Life India Asset Management Ltd and Deutsche Bank's investment arm DWS Group on November 13 announced a plan that they have entered a memorandum of understanding (MoU) to enter into strategic collaboration to strengthen Alternatives, Passives and Global Distribution.

Under the MoU, DWS plans to invest into Nippon Life India AIF Management (NIAIF) to further scale-up the Alternatives business of Nippon India. As part of the deal, DWS will hold up to 40% in the unit, with Nippon Life India owning the rest.

"With close to $1 billion commitments raised and an established track record of 10 years, NIAIF is one of India’s leading asset managers for various

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