The fund aims to capture income and growth from Indian fixed income, equities and currency.
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The fund aims to capture income and growth from Indian fixed income, equities and currency.
Fund managers at Invesco and abrdn share why they are particularly bullish on the Indian bond market.
The tax amnesty brought in tax revenue, lowering the fiscal deficit and enhancing the appeal of government bonds, according to Allianz GI’s David Tan.
Although the two emerging heavyweights have fixed income markets in the developing stage, authorities in both markets are taking steps to attract more foreign capital.
Going international as a single emerging market country manager is a big challenge, said Praveen Jagwani, CEO of UTI International.
Reform efforts in India could lead to an upgrade in the country’s sovereign rating, and further rate cuts could raise portfolio valuations, according to Philippe Jauer, chief investment officer, Amundi Asset Management.
Part of the Mark Allen Group.