The Securities and exchange board of India has allowed alternative investment funds) to participate in credit default swaps (CDS) as protection for both buyers and sellers. Category I and Category II AIFs may buy CDS on underlying investment in debt securities, only for the purpose of hedging. Category III AIFs may buy CDS for hedging […]
The Securities and Exchange Board of India (Sebi)’s recent consultation paper which proposes that at least one sponsor of a REIT (real estate investment trust) or InvITs (infrastructure investment trusts) should remain invested in them for the entire tenure comes at a time when these relatively-new investment vehicles are seeing good traction. INvITs and REITs […]