Indian assets shine even as higher rates and geopolitics rattle global risk assets thanks to investors’ appetite for portfolio investment
Trinh Nguyen (Emerging Asia, Natixis) | Once known for its fragility, India stands tall as not only for its best economic growth in Asia in H1 2023 but also robust asset performance year-to-date, from equity to fixed income. The resilience of its economy and financial markets, amidst the global sell-off from markets’ indigestion of the Fed’s “higher-for-longer” reflects not just India’s economic fundamentals and external balance resilience but also investors’…