Tag: investors

Sebi makes process of securities payout directly to client’s account mandatory

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The Securities and Exchange Board of India. File | Photo Credit: Reuters To enhance operational efficiency and reduce the risk to clients’ securities, markets regulator SEBI on May 5 decided to make the process of direct payout of such securities to the client’s account mandatory. This will become effective from October 14, the Securities and…

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Business

Global fund launches touch a record in China as yuan slumps

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Eleven funds, under the Qualified Domestic Limited Partner programme, have been launched so far this year. File | Photo Credit: Reuters Global fund launches in China have hit a record as a weakening yuan and fragile economy drive demand for foreign assets, in the latest sign of low confidence among domestic investors. Eleven funds issued…

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World