Reported 8 months ago
Investors tracking JPMorgan Chase & Co.’s emerging markets bond index are already prepared for India’s inclusion with significant allocations to the nation’s sovereign debt. Active fund managers have increased their India exposure ahead of the index's Friday inclusion, with $10 billion flowing into index-eligible bonds since the announcement. JPMorgan estimates a potential influx of $20-25 billion in global flows, suggesting the need for investors to add 8-9% of their assets in India over the next 10 months.
Source: YAHOO