Fixed Income Funds Forced to Increase Investment in Shares

Fixed income investment funds are henceforth obliged to allot a bigger portion of their portfolios to stocks and proportionately reduce the quota for investment in bonds.
The new move is in line with a series of measures taken in recent months to prop up the stock market and boost the demand side. 
As per a decision published late on Sunday by Securities and Exchange Organization, the stock market regulator, fixed income investment funds are obliged to invest at least 15% of their financial resources to buying stocks, stocks rights, option contracts and commodity-based certificate of deposits.