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India will be at forefront of strong investment flows into emerging Asian economies in next few years and more individual Indian investors will approach capital markets for financial advice, International Council of Securities Association chairman Ian C W Russell said.
Expressing the rationale for inflows ahead of the 28th AGM of International Council of Securities Association (ICSA) to be held here from April 15-17, Russell said: “Attractive private equity investments in the US have steadily been exhausted. Borrowing costs are likely to rise in the near term in the US and bank regulations will restrict lending to leveraged businesses in the US.”
He, however, cautioned India on the need to alleviate regulatory red tape to facilitate the expansion of offshore wealth management businesses into the Indian economy.
The objective of this year’s conference is to convey a better understanding of the dynamic financial markets and their role in financing capital formation and economic growth in the country.
It will be attended by Rajeev Kumar Agarwal, whole-time member, Sebi and Tajinder Singh, deputy secretary general, International Organisation of Securities Commissions (IOSCO).
Over 40 delegates from France, Canada, Mexico, Italy, Taiwan, Australia, Sweden, Hong Kong, Germany, Denmark, Korea, Hong Kong, Turkey, United Kingdom, Japan, United States will participate in the conference.
“The ICSA conference will be a catalyst for more cross border trade as conference participants pass along their understanding and knowledge of both the features and openness of the Indian economy, and business investment opportunities in the country.
via NorthEast Calling http://ift.tt/1c7tXsk
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