Investors are flocking to international mutual funds for higher returns. However, many overseas ETFs are trading at a 20-25% premium to their actual value. This is due to Reserve Bank of India's investment limits for mutual funds. Investors buying these ETFs on exchanges face a risk of significant capital loss if the RBI lifts these restrictions.
The Park District pitched state officials on converting the 61,500-seat venue to a destination for concerts and other special events once the Bears leave.
