“According to our meeting with the index provider, India is keen on that inclusion even though it may not appear so to the outside,” Sabrina Jacobs, a senior client portfolio manager for emerging-market fixed income at Pictet Asset Management SA, said in an interview. “We are looking at mid-2024 as a start for the inclusion and then a phase in.”
Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.
Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.