Portfolio Managers
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Portfolio managers' assets swell by 12% to Rs 14.8 lakh cr till August-end, SEBI data shows
•According to data available with the market regulator SEBI, total assets under management (AUM) of portfolio managers were at Rs 14.79 lakh crore at the end of last month against Rs 13.24 lakh crore in August-end last year, registering a gain of Rs 1.55 lakh crore or 12 percent.
TRAI directs telecos to ensure that only SEBI-registered brokers send investment SMS's
•TRAI noted, that some unscrupulous persons or entities "masquerading" as SEBI-registered investment advisors are sending out investment advise.
Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-end
•Asset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals, stood at Rs 9.7 lakh crore in August 2015