CII has suggested mutual fund distributors to communicate right risks to their client
Jul 21 2020
News Category: Industry Update
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According to media reports, CII has suggested mutual fund distributors to communicate right risks to their clients. The suggestion comes on the backdrop of recent credit events that shook the mutual fund industry. In its whitepaper, CII noted that risk management by distributors is an important aspect to retain investors’ trust on mutual funds. It also highlighted the steps that credit rating agencies and AMCs should take to avoid credit events.

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