India’s market regulator SEBI has approved new regulations allowing portfolio managers to invest client funds in international markets. The reform affects an industry managing approximately $5.1 trillion in assets, a figure that has more than doubled since 2019. The new rules authorize investments in listed foreign equities, index funds and international government bonds, while requiring explicit client consent. The minimum investment threshold has been halved, dropping from Rs 50 lakh to Rs 25 lakh, to broaden access for smaller investors.
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