Sandeep Jethwani, Co-founder at Deserv and APMI Board Member talks about how APMI plans to increase distributor count, the initiatives of APMI and more.

More and more large distributors, particularly banks, which were focused on selling mutual fund products earlier, have taken to selling PMS products. Even some independent financial advisors, or IFAs, ...

The Securities and Exchange Board of India has proposed that portfolio management services (PMS) distributors be registered with the industry body Association of Portfolio Managers in India (APMI).

The proposals are aimed at promoting ease of doing business initiatives for portfolio managers. HT Image This came after the Finance Minister in the Budget announcements for the financial year 2023-24 ...

Any entity wanting to become a PMS distributor has to appear for an exam conducted by the National Institute of Securities Markets (NISM). At a time when the popularity of portfolio management ...

A seven-member SEBI-appointed committee for reviewing Portfolio Manager Regulations has proposed enhanced performance reporting norms for PMS players, raised the net worth criteria and proposed to ...

The other suggestions include allowing PMS' clients to be onboarded using a handtyped note instead of the handwritten note. The market regulator has proposed that portfolio management services (PMS) ...

Portfolio managers have been requested to make sure that, in compliance with APMI's guidelines, any individual or organisation involved in the distribution of its services has registered with APMI.

The proposals are aimed at promoting ease of doing business initiatives for portfolio managers. Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making ...