FPI

FPI: FPI custodians finalise disclosure exemption rules

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Mumbai: In verifying the global assets under management (AUM) of foreign portfolio investors (FPIs), the custodians of the funds can rely on regulatory filings available on the websites of regulators for information about the regulated investment manager or trust bank or trustee of the fund, according to a revised standard operating procedure. Determining the global … Read more

FPI: Financial services stocks remain top FPI pick in December

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Mumbai: Financial services stocks remained the top pick of overseas fund managers in the second half of December after witnessing record flows in the first part of the month. The sector received ₹6,277 crore in the period between December 16 and 30, according to the data from National Securities Depository Limited (NSDL). In the December … Read more