IFSCA may allow GIFT City researchers to launch model portfolios
In short
IFSCA may let researchers in GIFT City launch model portfolios. The proposed rules would make them explain risks, investment plans and when they rebalance.
They would also have to compare results with the right market index.
What the reporting says
IFSCA is considering a framework that would let researchers in GIFT City launch model portfolios. The proposed rules require research entities to disclose portfolio risks, investment strategies and rebalancing schedules, and to benchmark performance against relevant indices. The framework would formalize how these portfolios are presented and measured if adopted.
Why it matters
IFSCA is considering a new framework for researchers in GIFT City to launch model portfolios. That would set clearer rules for research entities in the financial centre if the framework is implemented, affecting how such portfolios are marketed and tracked.