News & Updates

“The number of AIFs has increased at a rapid pace and the performance benchmarking for AIFs is a step in the right direction since it will provide valuable data to investors while deciding to invest in a particular AIF. It may also give a boost to AIFs as an investment class since new investors may be attracted after being able to see the performance of different AIFs.”

– Think Legal

“Sebi’s intent behind proposing performance benchmarking by AIF’s is to facilitate informed investment decisions by investors and to minimize mis-selling of AIF’s as investment products. This is certainly a welcome move and would bring about transparency and credibility thereby boosting investor confidence in the long run .”

– AZB & Partners

Alt Indices launches India’s first market concentration Indices

Press Release | March 25, 2021Alt Indices today announced the launch of the Herfindahl Hirschman Indices tracking market competition. Herfindahl Hirschman Index (HHI), hailed as a convenient and ideal measure of market power, has been widely accepted by various...

What the EU Benchmarks Regulation Means for US Firms

Financial Data Trends | September 04, 2020 While the EU’s Benchmark Regulation (BMR) has its genesis in Europe, the Regulation is equally important to benchmark Administrators, Contributors and Users in the US. Such is the assessment of Joe Kavanagh, CFA...

Sebi relaxes compliance requirement for performance benchmarking of AIFs

Economic Times | June 12, 2020Markets regulator Sebi on Friday eased compliance requirements related to disclosure and compulsory performance benchmarking of alternative investment funds (AIFs). As part of efforts to streamline disclosure standards, the...

Sebi’s diktat for AIF benchmarking may lead to sub-categorisation

Business Standard | February 13, 2020The Securities and Exchange Board of India’s (Sebi’s) diktat for benchmarking the performance of alternative investment funds (AIFs) may necessitate the creation of sub-categories. Sebi has classified AIFs into three...

SEBI proposes mandatory benchmarking of AIFs

Livemint | December 08, 2019 On 5th December, the Securities and Exchange Board of India (SEBI) floated a consultation paper on Alternative Investment Funds (AIFs). In it, the regulator proposed mandatory benchmarking of AIFs which have completed at least...

EU Financial Market Benchmark Regulation and US Impact

The new EU Benchmarks Regulation (BMR) was published in June 2016 and most rules will apply as of 1 January 2018. The BMR introduces new compliance requirements for benchmark administrators, contributors, and users, with regard to interest rate, foreign...