Illiquid Assets

Britain's Investment Association on Thursday called for the government and regulators to give the green light to tokenised funds using blockchain technology, which could make it easier for retail investors to buy illiquid assets.

US-based Franklin Templeton's investors impacted by its decision to wind up six of its funds in India may have to wait more than five years to fully recoup their money, news agency Bloomberg reported on Tuesday. The development is the latest turn in the fiasco after Franklin Templeton Mutual Fund - one of India's most prominent mutual fund houses i...

US-based Franklin Templeton on Friday issued an apology to capital market regulator Securities and Exchange Board of India (Sebi) for any misunderstanding over the closure of six of its schemes in the country, and said it is committed to returning the investors' money. "We deeply regret any unintended slight this may have caused to the esteemed off...

American fund house JP Morgan Mutual Fund on Monday said it is seeking approval from unit holders of its two schemes worth Rs 200 crore that are exposed to troubled auto component maker Amtek Auto's debt papers, with a view to segregate the illiquid asset from other investments.

"The prudent valuation adjustment for illiquid positions has assumed greater importance in the wake of the recent financial crisis," RBI said in the draft supplementary guidance.

Britain's Investment Association on Thursday called for the government and regulators to give the green light to tokenised funds using blockchain technology, which could make it easier for retail investors to buy illiquid assets.

US-based Franklin Templeton's investors impacted by its decision to wind up six of its funds in India may have to wait more than five years to fully recoup their money, news agency Bloomberg reported on Tuesday. The development is the latest turn in the fiasco after Franklin Templeton Mutual Fund - one of India's most prominent mutual fund houses i...

US-based Franklin Templeton on Friday issued an apology to capital market regulator Securities and Exchange Board of India (Sebi) for any misunderstanding over the closure of six of its schemes in the country, and said it is committed to returning the investors' money. "We deeply regret any unintended slight this may have caused to the esteemed off...

American fund house JP Morgan Mutual Fund on Monday said it is seeking approval from unit holders of its two schemes worth Rs 200 crore that are exposed to troubled auto component maker Amtek Auto's debt papers, with a view to segregate the illiquid asset from other investments.

"The prudent valuation adjustment for illiquid positions has assumed greater importance in the wake of the recent financial crisis," RBI said in the draft supplementary guidance.