Pension fund managers to be allowed to invest in initial pub

Pension fund managers to be allowed to invest in initial public offerings


Pension fund managers to be allowed to invest in initial public offerings
The Pension Regulatory and Development Authority is aiming to increase the number of subscribers looking to build a retirement corpus by 1 crore in 2021-22
PTI
  |  
Mumbai
  |  
Published 21.07.21, 01:45 AM
Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, and also in a broader list of stocks, a top official from sector regulator PFRDA said on Tuesday. 
The Pension Regulatory and Development Authority (PFRDA) is aiming to increase the number of subscribers looking to build a retirement corpus by 1 crore in 2021-22, its chairman Supratim Bandyopadhyay told reporters. 

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