Fund managers at Invesco and abrdn share why they are particularly bullish on the Indian bond market.
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Fund managers at Invesco and abrdn share why they are particularly bullish on the Indian bond market.
Overshadowed by the US presidential election last week was a “bold and historic” move by the Indian government to ban 500 and 1000 rupee currency notes, which is expected to be “transformational” for the economy in the medium term, asset managers said.
India is no longer one of the “Fragile Five” and a potential influx of foreign investment bodes well for the currency, according to Philippe Jauer, chief investment officer, Amundi Asset Management.
Part of the Mark Allen Group.