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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 sectors.
Portfolio managers are attempting to navigate India’s pandemic by focusing on the nation’s long-term growth prospects, with consumption expected to drive a recovery once the virus crisis passes. While the outbreak has fueled the world’s worst health crisis, limited stock outflows and a rebound in the currency attest to investors’ confidence in the South Asian economy. ....

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MSCI launches thematic indexes for investors betting on Chinese megatrends


By Reuters Staff
3 Min Read
SHANGHAI, April 28 (Reuters) - Global securities index publisher MSCI Inc on Wednesday said it has launched 20 thematic indexes to help domestic and international investors bet on megatrends in China that are aligned with the Chinese government’s strategic policy goals.
MSCI said it designed its first suite of country-specific thematic indexes to better enable investors to capitalise on long-term, structural change in technology, the environment, society and lifestyle in the world’s second-biggest economy.
The launch comes after Beijing in March formalised its 14th five-year plan focusing on high-quality, sustainable development, as the economy continues its shift toward reliance on domestic consumption and innovation and away from exports. ....

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MSCI launches thematic indexes for investors betting on Chinese megatrends

MSCI launches thematic indexes for investors betting on Chinese megatrends
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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