In May, PMS clients stood at 125,390, down 20,528 since April, shows Sebi data
The introduction of liquidation scheme for alternative investment funds (AIFs) by market regulator Sebi provides an additional avenue for managers and investors to derive the maximum value for unliquidated investments, experts said on Sunday. The new scheme provides flexibility to AIFs to deal with investments that are not sold due to a lack of liquidity during the winding-up process. Also, it allows such unliquidated investments to be either sold to a new scheme of the same AIF (liquidation scheme) or to be distributed in-specie to investors of the AIF. The regulator, on June 15, amended rules to permit AIFs to launch a liquidation scheme. Sebi, last week, laid out the modalities for launching the scheme and in-specie distribution to investors. Dipen Ruparelia, Head of Products, Vivriti Asset Management, said these regulatory changes are a long-term positive for the corporate governance in the debt and AIF industries and will go a long way toward investors' confidence in the ...
Industry feels there's ambiguity over applicability for funds which have exhausted the one-year period
Some schemes have been found to follow a model in which one class of investors, often a junior class, shares losses beyond the ratio of its contributions than a senior class of investors
Market regulator also proposes mandatory renewal of AIF registrations on completing five years
Changes in eligibility requirements to ensure due-diligence of money coming from this route to India
Industry experts see more inflows as HNIs and wealthy investors shy away from debt MFs
With this Crisil has 10 benchmarks across the three AIF categories
Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players
Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance
Longer-than-expected wait time leads to delay in fund launches
It will invest in 25 start-ups focused on digitalisation, sustainability, financial inclusion
Further, exposure to CDS undertaken in these manner will not tantamount to leverage
The capital market regulator has also recommended appointment of independent valuers, specifically for unlisted entities
Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds
Firm will invest in at least 15 technology and fintech start-ups, expects final close in 6 months
Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi
What does e-rupee mean for you? Who's the brain behind Vande Bharat? Is it time to shift to private bank stocks? What are Alternative Investment Funds? All answers here
Markets regulator Sebi recently told RBI that some non-bank lenders were ever-greening loans by using alternative investment funds. But what exactly is this fund? Let's find out
Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area