Source: Hindenburg Research
Category: SEBI
Categories
Urja Global: Stranger than Fiction
Hat Tip: AT
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NSE: Puppet Show
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Fantastic move by SEBI
Source : SEBI Press Release
Categories
PMS : The Big get Bigger
Today, SEBI increased the minimum client investment in PMS to 50 Lakhs ( from 25 Lakhs currently) as well as increased the networth requirement of portfolio manager to 5 Cr ( from 2 Cr currently)
This makes it difficult for new comers in the business and increases the advantages of existing and more established players.
It’s interesting to see that the Committee that suggested these proposals are all established entities.