Millennium Global aims strong presence in India
Global alternative investment firm Millennium Global expects to have a strong foothold in India, as it sees the country as a favoured foreign investment destination.
"We hope to have a stronger presence in the country with India being a favourable destination as compared to other developing markets", said Millennium Global CEO Mark Astley today told reporters here.
The company has presence in India through Millennium Spire, a company which focuses on management of real estate projects and investments.
"We are at present aiming on the high net-worth investors to invest in the funds. The lower limit of the investment would be one million", said the companies Managing Director Abhijeet Bhalla.
The company with a global presence primarily focuses on active currency management for institutional clients.
However, the growing steel prices are a cause for concern for the company which may put a pressure on the companies projects, Bhalla said.
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