UK Sinha, head of India’s securities regulator, counters criticism it has not done enough to facilitate investor engagement at home and abroad, accusing certain jurisdictions of protectionism.
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The chief of India’s securities regulator, U.K. Sinha, says 44 domestic fund firms is too many, noting there are too many me-too types of companies.
Sinha reveals his expectation that a move into securities investing by pension fund EPFO will finally spark broader opportunities for asset managers.