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India’s SEBI Lets Portfolio Managers Invest in Overseas Stocks
Source: Bloomberg
Regulation & LegislationEmerging MarketsCapital Markets
India’s markets regulator approved an overhaul of portfolio-management-service rules, including permission for providers to invest in overseas equities. The liberalization eases restrictions on a fast-growing segment of India’s asset-management industry, potentially expanding product offerings and cross-border investment access.
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