Sebi issues guideline on FPIs registered under multiple investment managers structure

Updated: Sep 26 2022 9:18PM

New Delhi, Sep 26 (PTI) Capital markets regulator Sebi on Monday came out with framework for foreign portfolio investors (FPIs) registered under multiple investment managers structure.

Under this, Sebi said that in case an entity engages multiple investment managers (MIM) for managing its investments, then the entity can obtain multiple FPI registrations mentioning name of investment manager for such registration entity.

Earlier, external investment managers were required in case of MIM structures.