The International Financial Services Authority (IFSCA), which regulates GIFT City, has proposed a reduction in the minimum ticket size for portfolio management services (PMS) from $150,000 to $75,000, or about ₹64 lakh at current exchange rates, according to a consultation paper released on Monday. This brings the minimum ticket size for PMS closer to the … Read more
The fund is a close-ended Category II alternative investment fund (AIF). It has a term of 4.5 years, which can be extended by another year with the consent of two-thirds of its investors. It will feed into the ARGA Emerging Market Equity Fund. ARGA is a US-based asset manager with about $15 billion worth of … Read more
In an interaction with Mint, Kumar, known as the 80:20 investor, discusses his investment portfolio, his reasons for avoiding real estate, and why diversifying investment styles is as important as asset allocation. He advocates for a focused approach to investing, leveraging the ‘Pareto principle’ (80:20 concept) to achieve optimal results with minimal effort. Edited excerpts: … Read more