The risk of a second wave of Covid-19 across the country may accelerate investors’ money allocations to international mutual funds. Financial advisors are recommending clients to hold 10-20% of their portfolios in international equities as a hedge against the vagaries of the domestic market. Global funds invest in companies with exposure to larger markets, with cheaper access to capital and with cheaper valuations compared to their Indian
MUMBAI: India’s ‘concentrated’ yield management is having an unusual effect on sovereign bonds. While traders want the papers for short-term gains, long-term buyers including insurers are staying away, potentially triggering market volatility in a year that would witness record borrowing. “We have shied away from the benchmark paper for...
MUMBAI: India’s ‘concentrated’ yield management is having an unusual effect on sovereign bonds. While traders want the papers for short-term gains, long-term buyers including insurers are staying away, potentially triggering market volatility in a year that would witness record borrowing. “We have shied away from the benchmark paper for...
Copper soared this week to an all-time high, continuing a sizzling rally that’s seen prices double in the past year. The previous copper record was set in 2011, around the peak of the commodities supercycle sparked by China’s rise to economic heavyweight status — fueled by massive amounts of...