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Why Mutual Funds Are Averse To Segregating Stressed IL&FS Assets
Mutual funds are averse to segregate distressed IL&FS assets because of these two reasons...
24 Jan 2019, 01:00 PM IST
Mutual funds have not made use of the regulator’s decision to allow segregation of distressed assets even as more IL&FS group entities, now controlled by the government, threaten to default on repayments.There could be two reasons: it increases disclosure requirements and also impacts performance incentives of fund managers, according to multiple asset managers BloombergQuint spoke with. They didn’t want to be identified because a re...
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