Foreign portfolio investors may engage portfolio managers to manage offshore funds under specified regulatory permissions and service framework. Regulation 16A authorises foreign portfolio investors and their sub-accounts to avail the services of a portfolio manager under the SEBI (Portfolio ... Summary
Foreign portfolio investors may engage portfolio managers to manage offshore funds under specified regulatory permissions and service framework.
Regulation 16A authorises foreign portfolio investors and their sub-accounts to avail the services of a portfolio manager under the SEBI (Portfolio Managers) Regulations, 1993, clarifying that portfolio managers may manage funds brought from outside India and reflecting subsequent amendments that updated terminology and cross-references within SEBI's regulatory framework.
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