India is the world's best market for portfolio disclosure: Morningstar report


Published On: Tuesday, December 15, 2020 | By:

India is the world's best market for portfolio disclosure: Morningstar report

India and the U.S. are the two most investor-friendly markets in the world in terms of best practices for portfolio disclosure, while Australia ranks at the bottom, according to a global study by Morningstar Inc. The two countries earned top grades for their robust disclosure regimes across six categories including fees, transparency of fund holdings, and issues such as conflicts of interest. The report covering 26 markets across North America, Europe, Asia, and Africa singled out Australia as a notable laggard. “The U.S. has consistently led the pack in this area, while India has gradually added global best practices to its disclosure framework,” Christina West, director of manager research services at Morningstar and co-author of the study, said in a statement. “India has also set a high standard with monthly required portfolio holdings disclosure.”

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