India eyes structured products


Structured products are likely to be embraced by portfolio management schemes (PMS) in India. Almost all financial services companies offering PMS are seriously thinking of offering these niche products to their customers, India's Business Standard reported earlier this month.

The business journal quoted Rakesh Parekh, vice-president, portfolio management services at JM Morgan Stanley, saying that structured products were vital for innovating in the PMS sector. Sanjay Prakash, chief executive

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