India's market regulators will implement comprehensive rule revisions to allow high-net-worth individuals to invest in overseas securities and the US$463 billion portfolio management industry for the first time, and to short stock options. The Securities and Exchange Commission of India said after the board meeting on Thursday that it will also allow such funds to invest in unlisted debt securities, with an exchange derivatives exposure of up to 1.25 times the client's assets. Portfolio managers can also hold unhedged short positions within the limits set by the regulation, which is not disclosed by the regulator. In recent years, India's high-net-worth individuals have sought customized products with professional management. The industry has expanded rapidly, and this new regulation has greatly broadened their investment options. According to data from the Securities and Exchange Commission of India, this type of business is known as a portfolio management service. As of August, the amount of assets managed was about 44.4 trillion rupees, up from 40 trillion rupees in the same period last year.

India's market regulators will implement comprehensive rule revisions to allow high-net-worth individuals to invest in overseas securities and the 463 billion US dollar portfolio management industry for the first time, and can short stock options. The Securities and Exchange Commission of India said after the board meeting on Thursday that it will also allow such funds to invest in unlisted debt securities, with an exchange derivatives exposure of up to 1.25 times the client's assets. Portfolio managers can also hold unhedged short positions within the limits set by the regulation, which is not disclosed by the regulator. In recent years, India's high-net-worth individuals have sought customized products with professional management. The industry has expanded rapidly, and this new regulation has greatly broadened their investment options. According to data from the Securities and Exchange Commission of India, this type of business is known as a portfolio management service. As of August, the amount of assets managed was about 44.4 trillion rupees, up from 40 trillion rupees in the same period last year.