You are here

Pimco overweight on Indian bonds

Plunging oil prices, stable rupee and India's limited exposure to China keep investors bullish

BT_20160105_RUPEE_2049559.jpg
Investing in rupees earned 3.1 per cent, including interest, in the past 12 months, the most in Asia, data compiled by Bloomberg show.

Mumbai

RUPEE sovereign bonds, Asia's best performers for two years in a row, are still the top pick for some global funds.

Plunging oil prices, a stable currency and limited exposure to China are keeping investors bullish, with Pacific Investment Management Co (Pimco) calling

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom