Page 2 - Portfolio Management Services

Long-only AIFs outperform long/short peers, give median returns of 3.4%

Long/short funds (of which data is available for 13) gave median returns of 2.73 per cent

BSE launches StAR MF Plus, premium platform for distributors, clients

StAR MF Plus will offer complete front office, order management, analytics, back office and business support solutions, the exchange said in a statement

PMS players face power of attorney worries amid Covid-19 pandemic

Getting signatures on physical documents a concern amid Covid-19 pandemic

Financial advisers ask Sebi to extend deadline for renewal of certification

According to experts, renewal of certification through CPE points is a globally accepted norm

Saurabh Mukherjea settles insider trading case with Sebi, pays Rs 1.38 cr

Analyst and money manager allegedly procured price-sensitive information from senior officials of Mannapuram Finance in 2013

Sebi directs PMS providers to share commission details with clients

Experts say directive will help clients understand product being offered is for commissions or merit

Street signs: Nifty in bullish territory, HNIs look to break even, and more

Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription

91 of 133 PMS strategies beat benchmarks in one year, shows data

The study considers point-to-point returns for different periods and total return index for both categories

Money managers remain bearish as only 10% expect V-shape recovery: BofA

Cash levels remain elevated at 5.7% compared to a 10-year average of 4.7%

PMS debt assets double since FY15; investors seek reassurance on holdings

Uncertainty around the outcome of the ongoing Covid-19 pandemic and their impact on business is weighing on a number of businesses

Ticket size hurdle for PMS investors looking for top-ups in falling market

Can't invest smaller sums unless they meet Sebi's minimum ticket size requirement of Rs 50 lakh

Investors seek to curb downside, with volatility hitting long-only products

In March, the ITI Long Short Equity Fund was down 0.48 per cent, as against Nifty's correction of 23.25 per cent

Equity market sell-off takes heavy toll on performance of PMS in March

According to the data sourced from PMS AIF World, several PMS offerings in the multi-cap space have fallen more than their respective benchmarks

Covid-19 impact: March meltdown sees PMS returns dropping by up to 41%

Close to 45% of multi-cap strategies fall more than respective benchmarks

Sebi defers key market reforms due to disruption caused by pandemic

The regulation was aimed at increasing voting participation and improving corporate governance standards

PMS players experiment with pay-only-for-profit model, skip fixed fees

The model has emerged during a period of regulatory change

Sebi puts expense cap on PMS providers, lays down performance standards

The regulator also laid down the performance standards for PMS providers

Small PMS players feel consolidation likely with higher minimum investment

Securities and Exchange Board of India recently increased the minimum investment in such funds from Rs 25 lakhs to Rs 50 lakhs

Timeline for PMS 2.0 guidelines worries Rs 16-trillion industry

Notification awaited a month after announcement; service providers fear sudden implementation

To strengthen conduct, Sebi asks investment advisers to do risk profiling

The Securities and Exchange Board of India (Sebi) noted that investment advisers (IAs) are providing advice on a free trial basis without considering risk profile of the client