Brunei's Baiduri Bank has introduced the first open-ended equity fund that offers opportunities in India's growing infrastructure industry to Singapore's retail market.

The SGAM India Infrastructure Fund, offered by SG Asset Management (Singapore), aims to provide investors maximum opportunity through equity investments in Indian growth-oriented sectors. It will be largely managed by the bank's wealth management centre.

Baiduri Bank is one of the largest providers of financial products and services in Brunei. Included in its range of wealth management products is the SGAM Singapore Dividend Growth, which encourages investment into high-yield Singapore-listed companies, among others.

The bank also carries the SGAM Golden China Fund and the SGAM Global Luxury & Lifestyle Fund, both of which feed into the Luxembourg-registered SGAM Fund.