India Archives - Fund Selector Asia

Eastspring: ‘India’s valuation premium can be justified’

Eastspring conceded that recent earnings trends were concerning, but are positive about the world’s most populous country.

The high growth momentum will have a positive impact on corporate profits in the region.

The bank has also expanded its operations in GIFT City with new premises.

Private banks and unloved Hong Kong stocks are among the asset managers picks.

There are reasons to be bullish despite the recent correction in Indian equities.

Singapore will be the main beneficiary of Hong Kong’s decline, while India and Japan will continue to thrive.

“We want to justify the fee we earn from clients,” Anand Gupta tells FSA in an interview.

Investors shouldn’t ignore the world’s largest democracy with one of the fastest growing economies.

The two hires come from Julius Baer and Credit Suisse.

The Asian credit universe is more diversified and balanced in terms of sector and country exposures, says UBS AM.