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.
Tag: India Fixed Income
China vs India: Big bond potential
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.
The single country fund challenge
Going international as a single emerging market country manager is a big challenge, said Praveen Jagwani, CEO of UTI International.
Good time to overweight Indian sovereigns
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.