indian stock market: Chinese, Indian stocks favored by abrdn on policy boost hopes

indian stock market: Chinese, Indian stocks favored by abrdn on policy boost hopes

Abrdn Plc prefers Chinese and Indian stocks over their Japanese peers in the next three to six months, betting that the right policy moves would help the two emerging markets lure fund inflows.Should “high frequency data points continue to surprise on the upside, and at the same time we’ve seen policies being pushed through, that’s … Read more

Ashmore counters consensus with big bet on China over India

Ashmore counters consensus with big bet on China over India

London-based asset manager Ashmore Group PLC is reducing its exposure to Indian equities and has made China the #1 pick in its emerging-markets fund, arguing that India’s stock market is overhyped and overcrowded while China’s is set for a rebound. With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM … Read more