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  • News From Press Will side pockets for distressed assets work for the investor?

    Will side pockets for distressed assets work for the investor?

    Source: Mint Dec 19, 2018

    The Securities and Exchange Board of India (Sebi) has allowed mutual funds to segregate distressed, illiquid debt and money market instruments in the portfolio arising out of a credit event. This practice, commonly known as creating a side pocket, involves transferring the identified asset into a separate portfolio to limit the impact on the main portfolio.

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