Determining the global AUM is significant because a ‘regulated’ fund whose exposure to an Indian business group and to the Indian equity market is below 25% and 50% respectively of its global AUM is spared of the granular disclosure rules laid down by the Securities and Exchange Board of India (Sebi).
Global Market Today: Asian stocks, bonds fall on oil, inflation concern
Following a notable rise in oil prices, Asian stocks and bonds faced a downturn, signaling a shift in market sentiment. The latest inflation data has