India Pension Funds Counter Regulator’s Bond Valuation Proposal
Indian pension managers have countered an industry regulator’s proposal aimed at shielding the $175-billion industry from bond volatility, saying it could distort fund values, according to people familiar with the...
By Bhaskar Dutta, Pratigya Vajpayee, Saikat Das · Bloomberg Markets
Indian pension managers have countered an industry regulator’s proposal aimed at shielding the $175-billion industry from bond volatility, saying it could distort fund values, according to people familiar with the matter.