India's securities regulator has increased industry consultation and responded to concerns by introducing a number of key amendments and proposals, raising fund managers’ optimism.
Tag : ashu suyash
AsianInvestor polled senior Indian asset managers to gauge their views on the government's unexpected move to open the country’s mutual funds industry to direct foreign investment.
Ashu Suyash, India country head for Fidelity International, says distributor remuneration for mutual funds is unfavourable and hampers industry growth. She urges regulators to level the playing field.