Resilient: The BlackRock Inc headquarters in New York. The company plans to use any weakness in the rupee to add to a modest long position. — Bloomberg
NEW DELHI: 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 favour debt linked to India’s sustainable investing and renewable energy sectors.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
