The inclusion of Indian local currency sovereign bonds into its Government Bond Index-Emerging Markets (GBI-EM) along with UOB Asset Management s launch of an India-focused bond fund is a strong indication of the changing trends that are now favouring the local bond markets.
Hsbc Holdings PLC lifted its holdings in Morningstar, Inc. (NASDAQ:MORN – Free Report) by 207.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,059 shares of the business services provider’s stock after purchasing an additional 2,064 shares during the period. Hsbc Holdings PLC’s holdings in Morningstar […]