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Investing.com -- India’s market regulator proposed a rule change Monday that would allow asset management companies to offer services to pooled funds with limited investors, such as family offices or ...
Regulator seeks to expand business scope for AMCs, balancing industry demand for flexibility with stringent investor protection measures against potential conflicts of interest.
Presently, AMCs and their subsidiaries are only allowed to provide services which are in the nature of management and advisory of pooled funds.
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