Indian Regulator to Allow Mutual Funds to Short-Sell Securities (Bloomberg.com) Nov. 16 (Bloomberg) -- India's capital markets regulator plans to allow Mutual Funds to sell short and borrow and lend securities. The date for the proposals to come into effect will be announced later, the Securities & Exchange Board of India said in a statement on its Web site today.
Big financial bets hurt funds (Seattle Times) Mutual funds with big financial-services stakes have taken it on the chin recently amid credit-market turmoil. In fact, this year the Standard...