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Bond bulls relish India as best story post September selloff

The bulls might have fresh scope to add to their positions: India's central bank on Wednesday announced it's going to review, together with the government

Lilian Karunungan & Filipe Pacheco | Bloomberg  |  Singapore/ Dubai 

The first back-to-back monthly losses since 2015 for India’s bonds are giving bulls fresh reason to add to their positions in what’s one of the world's fastest-growing major economies.   Aberdeen Standard Investments says it's "thrilled" to see a pullback in Indian asset prices that provides good value, while Pacific Investment Management Co, which had been reducing its holdings in the country’s debt, is looking to add back. Morgan Stanley Investment Management says it favours rupee bonds, though prefers to hedge its currency ...

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First Published: Fri, October 06 2017. 00:39 IST
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