The current thinking within Sebi is to cap PMS firms’ investments in all equity and debt securities of related entities put together at 30%. The regulator might also ask portfolio managers to obtain the consent of clients if the money manager wants to invest in related parties, said the people cited above.
PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block deal
PB Fintech shares witnessed block deals worth Rs 695 crore, with Goldman Sachs, mutual funds, and foreign investors acquiring shares from Tencent Cloud Europe, signaling