News From Press Regulating global index providers may put MFs in a spot, fear experts

Regulating global index providers may put MFs in a spot, fear experts

Source: BS Jan 5, 2023

The Securities and Exchange Board of India’s (Sebi's) proposed regulatory framework for Index Providers could put domestic mutual funds investing overseas in a spot. Asset managers offering passive products benchmarked to overseas indices may be forced to sever ties with index providers unwilling to comply with local regulations, fear industry experts.

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