Financial Scene: PF money & stock markets - The Hindu
Financial Scene: PF money & stock markets - The Hindu
My VIEW:
The better option is to allow EPFO and all such public sector organisations to engage skilled fund managers who could take intelligent investment decisions. Government should advise such organisations the share of funds GOI would like to retain in 'catchment area' for investment in G-Secs(Governmnt borrowings). While the appetite of Stock Markets for such funds is understandable, the hesitance of fund managers to invest in stock market needs to be reducd by improving the credibility of equity market.
M G Warrier
My VIEW:
The better option is to allow EPFO and all such public sector organisations to engage skilled fund managers who could take intelligent investment decisions. Government should advise such organisations the share of funds GOI would like to retain in 'catchment area' for investment in G-Secs(Governmnt borrowings). While the appetite of Stock Markets for such funds is understandable, the hesitance of fund managers to invest in stock market needs to be reducd by improving the credibility of equity market.
M G Warrier
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