Emerging Mart Bond Funds Swell
India given the go-by as global investors search for higher yields in a low-interest rate regime
The rally in global equity markets in recent weeks has not stopped the inflow of money into dedicated emerging market bond funds but India does not figure in the list to any noteworthy extent.
According to the Securities and Exchange Board of India (Sebi) data, foreign portfolio investors have invested a meagre $324.9 million in debt in the current calendar year till May 9, marginally higher than last year