(Bloomberg) A popular equities strategy to “buy India, sell China” has reached an inflection point for some investors.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksErdogan Suffers Historic Loss in Turkey Municipal ElectionsCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownCrash or Soar? Traders Are Preparing for Stock Market ExtremesTesla Has Wall Street Worried About How Many Cars It Just SoldLazard Asset Management, Manulife Investment Ma
The shift in momentum indicates that investment funds are beginning to embrace the idea that China s policy backing will spark economic growth this despite prominent Wall Street banks promoting India as the primary investment hub for the coming decade
Investors are unwinding the buy India, sell China stocks trade moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Investors are Unwinding the Buy India, Sell China Stocks Trade bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A popular equities strategy to “buy India, sell China” has reached an inflection point for some investors. Lazard Asset Management, Manulife Investment Management and Candriam Belgium NV are paring exposure to India after a record-breaking rally. They’re pivoting to former favorite China, as Beijing’s support for its economy spurs a recovery…