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Financial “WMDs” And Mutual Funds’ “Agnipariksha” - With Nilesh Shah, Anil Singhvi
Recently, markets have had to come to terms with three risks – two new ones and one that’s plagued markets in the past as well.
In the past few months financial markets have had to come to terms with three risks – two new ones and one that's plagued markets in the past as well.The standstills arrived at by the promoters of the Zee Group and the Reliance ADA Group have exposed problems with instruments backed by promoter equity, the risk that mutual funds have taken on when investing in these instruments and age-old issue of promoter pledged shares.BloombergQu...
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