Page 3 - Portfolio Management Services
PMS asset growth outpaced client additions in 2019, shows Sebi data
Interestingly, the addition in clients is also slower than the 32 per cent increase seen in the previous year
 "PMS asset growth outpaced client additions in 2019, shows Sebi data")
Sebi proposes tighter disclosure, performance reporting norms for AIFs
The benchmarking report would have to be provided along wherever the performance of the AIF is disclosed
 "Sebi proposes tighter disclosure, performance reporting norms for AIFs")
Strengthening regulation
Sebi should have taken up the issue of auditors' resignations
 "Strengthening regulation")
Sebi proposals to make portfolio management transparent, investor friendly
Among the significant recommendations for investors, the working group has proposed to raise the minimum investment amount to Rs 50 lakh from the existing Rs 25 lakh
 "Sebi proposals to make portfolio management transparent, investor friendly")
Banks, national distributors skip mutual funds for insurance, PMS
Move follows regulatory diktat to reduce total expense ratio, shift to trail commissions
 "Banks, national distributors skip mutual funds for insurance, PMS")
Sebi likely to tighten regulatory framework for portfolio managers
Working group looks at improving disclosure standards, proposes scrapping of hurdle-rate for performance fee
 "Sebi likely to tighten regulatory framework for portfolio managers")
Portfolio managers pin growth hopes on Budget proposal for NRIs
Market participants said the industry can tap into NRI investments waiting on the sidelines, which is yet to translate into flows on account of some of these operational challenges
 "Portfolio managers pin growth hopes on Budget proposal for NRIs")
Shift portfolio management operations to subsidiary, RBI tells SBI
SBI's subsidiary SBIFMPL is the fourth-largest asset manager in India and caters to HNIs along with domestic and offshore investors
 "Shift portfolio management operations to subsidiary, RBI tells SBI")
How uniform PMS reporting standards will make fund selection easier
In the absence of easy availability of PMS data, investors have to depend on advisors
 "How uniform PMS reporting standards will make fund selection easier")
How to beat the risks in PMS schemes? Get proactive and curtail them
Irrespective of whether Sebi raises the investment threshold for PMS, investors themselves must avoid risks they cannot stomach
 "How to beat the risks in PMS schemes? Get proactive and curtail them")
Sebi mulls hiking minimum ticket size for investment in PMS schemes
Minimum ticket size of Rs 2.5 million not adequate to discourage retail investors; 2- or 4-fold increase on the anvil
 "Sebi mulls hiking minimum ticket size for investment in PMS schemes")
Newbies in small and mid-cap space should invest for at least five years
With fund managers beginning to sound warning signals, it is best to be extra careful
 "Newbies in small and mid-cap space should invest for at least five years")
Portfolio management services assets gain traction as markets sizzle
Non-discretionary assets grew 25% to Rs 0.87 trillion in December 2017
 "Portfolio management services assets gain traction as markets sizzle")
More high-flying fund managers may head for portfolio services
Setting up one's own portfolio management services can be more rewarding monetarily and offers greater flexibility to own a concentrated portfolio
 "More high-flying fund managers may head for portfolio services")
Higher commissions and markets push portfolio management products
The trend has gained currency in the aftermath of the capping of MF commissions
 "Higher commissions and markets push portfolio management products")
