Organize yourselves to avoid unnecessary regulations: Sebi to portfolio managers
2 years, 6 months ago

Organize yourselves to avoid unnecessary regulations: Sebi to portfolio managers

Live Mint  

Securities and Exchange Board of India executive director Manoj Kumar on Wednesday urged portfolio managers to actively participate in shaping the industry better and come up with proposals for the regulator to consider. Unless you debate and deliberate and frame regulations as an industry, you will invite unnecessary regulation,” Kumar said at the gathering of portfolio managers. According to industry sources, Sebi has formed a working group on benchmarking for portfolio managers post consultation with APMI. The AUM of portfolio managers has risen from less than ₹10,000 crore 10 years ago to around ₹2.8 lakh crore at present, according to Saurabh Mukherjea, founder, Marcellus Investment Managers.

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Sebi to simplify registration for FPIs looking to invest in govt securities
5 days, 1 hour ago

Sebi to simplify registration for FPIs looking to invest in govt securities

Live Mint  

Mumbai: India's capital markets regulator is set to ease the registration of foreign portfolio investors if they want to invest in government-backed securities, even as it proposed doubling the equity investment threshold set for granular disclosures by FPIs to ₹50,000 crore. "There will be zero requirements for a lot of things including investor group all that data will not be …

Sebi imposes limits on passive mutual funds investing in sponsor group companies; details here
6 months ago

Sebi imposes limits on passive mutual funds investing in sponsor group companies; details here

Live Mint  

Capital market regulator Securities Exchange Board of India has released a circular to share the limits imposed on total investment which can be made by passive mutual funds in their sponsor group companies. This followed public consultations on the recommendations of the working group, and it was later decided to streamline the norm applicable to investments by passively managed mutual …

SEBI Mandates Additional Disclosures By Foreign Portfolio Investors
1 year, 4 months ago

SEBI Mandates Additional Disclosures By Foreign Portfolio Investors

Live Law  

The Securities and Exchange Board of India has issued a circular aimed at promoting heightened transparency among Foreign Portfolio Investors meeting specific criteria. Although PN3 does not directly apply to FPI investments, there are apprehensions that entities with substantial Indian equity portfolios might misuse the FPI route, potentially disrupting the orderly functioning of Indian securities markets. Under Regulations 22 and …

Sebi issues guidelines for portfolio managers
4 years, 11 months ago

Sebi issues guidelines for portfolio managers

India TV News  

Markets watchdog Sebi on Thursday issued guidelines for portfolio managers and said they cannot charge an upfront fee from clients. In addition, certain changes to the regulatory framework for portfolio managers have been mandated. "As provided in Regulation 22 of the PMS Regulations, no upfront fees shall be charged by the portfolio managers, either directly or indirectly, to the clients," …

SEBI hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr
5 years, 1 month ago

SEBI hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr

Firstpost  

With a view to keep retail investors away from portfolio management schemes, SEBI on Wednesday decided to raise the minimum investment amount of clients for such schemes to Rs 50 lakh from the earlier Rs 25 lakh New Delhi: With a view to keep retail investors away from portfolio management schemes, SEBI on Wednesday decided to raise the minimum investment …

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