India considers easing restrictions on gold in pension funds

From Mining.com

India’s pension regulator may look to relax its investment restrictions after calls by fund managers to boost their gold holdings in their portfolio, Bloomberg News has reported.

According to sources cited by Bloomberg, retirement fund managers held a series of meetings with senior officials from the Pension Fund Regulatory and Development Authority last month, requesting permission in invest in gold exchange-traded funds (ETFs). They also asked for relaxed rules around real estate investment trusts and infrastructure trusts.