Sebi Proposes Allowing Portfolio Managers to Invest Overseas, in to-Be-Listed Securities

Overhaul of portfolio management services: What SEBI has proposed and what it means for investors

SEBI has proposed major reforms to portfolio management services, including overseas investments, a mutual fund-only PMS and eased compliance. Here’s what could change.

SEBI Proposes Mutual Fund-only PMS Framework to Expand Investment Options, Ease Compliance

Get latest articles and stories on Business at LatestLY. The Securities and Exchange Board of India (SEBI) has proposed a revision of portfolio management regulations to create a mutual fund-only portfolio management service (PMS) category, as per a statement by the markets regulator. Business News | SEBI Proposes Mutual Fund-only PMS Framework to Expand Investment Options, Ease Compliance.

SEBI proposes major PMS overhaul, opens door to overseas and pre-IPO investments

‘The changes to the PM Regulations are proposed to enable more investment avenues for the development of the PMS industry, ease compliance, consolidate regulatory provisions and simplify the language’

Sebi proposes allowing portfolio managers to invest overseas, in to-be-listed securities

India's markets regulator is looking to simplify compliance requirements for portfolio managers, aiming to broaden investment options to encompass overseas securities and unlisted debt. A novel group of portfolio managers will focus on high-net-worth individuals with reduced entry thresholds. The initiative also seeks to enhance the application of derivatives strategies for clients. Stakeholders are encouraged to provide feedback on these propos…

Sebi proposes MF-only portfolio management service, wider investment universe

Under the proposal, portfolio managers would be allowed to exclusively manage client money in direct plans of mutual fund schemes, including exchange-traded funds and specialized investment funds, through a separate MF-PMS registration.

SEBI proposes sweeping PMS revamp, opens door to overseas investments

The proposal aims to bring regulatory parity between portfolio managers and other asset managers such as mutual funds, AIFs and IFSC-based portfolio managers by allowing PMS to invest in foreign securities, subject to FEMA compiance.