ICICI Pru AMC plans real estate investment

ICICI Prudential Asset Management Co. (AMC) Ltd has plans to set up a real estate investment platform with a corpus of almost $400 million.

The AMC already has significant assets under management (AUM) in the mutual fund segment and caters to portfolio management services for investors spread across the country, along with advisory mandates for clients across international markets in asset classes such as debt, equity and real estate.