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BlackRock joins funds betting on rebound of Indian assets amid pandemic

Even as India is attracting all the global attention for the worst virus outbreak, the pandemic has done little to dent the confidence of overseas investors who are betting on a strong rebound. BlackRock Inc. plans to use any weakness in the rupee to add to a modest long position while GW&K Investment Management LLC is boosting its stock holdings following a recent selloff. Invesco Hong Kong Ltd. and Lombard Odier favor debt linked to India’s sustainable investing and renewable energy secto...
Neeraj Seth Eva Sun Tom Masi Jeff Kilkenny Nuno Fernandes Freddy Wong

COLUMN-Tantrum without the taper :Mike Dolan

LONDON (Reuters) - If there’s no taper, why the tantrum? U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration A surge in government bond yields this month and related wobble in equities has markets harking back to 2013’s “taper tantrum” -- when the prospect of the Federal Reserve winding down its bond-buying nearly doubled 10-year U.S. Treasury yields in four months and briefly knocked world shares by 10%. This year’s moves, s...
City Of United Kingdom Jerome Powell Catherine Evans Eva Sun Neil Mackinnon

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