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India a safe haven in emerging-market storm, says IIF
Fund managers raise their allocations to India equities, even as emerging markets, excluding China, are having net outflows
Fund flows from advanced to emerging markets suffered severe turbulence in July, including heavy net outflows, although India markets have proven to be a refuge in the emerging-market storm, the Washington-based Institute of International Finance (IIF) said.
PHOTO: AFP
Tokyo
FUND flows from advanced to emerging markets suffered severe turbulence in July, including heavy net outflows, although India markets have proven to be a refuge in the emerging-market storm, the Washington-based Institute of International Finance (IIF) said.
Sonja Gibbs, its...
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