Chris Wood rejigs India portfolio; adds Macrotech Developers, Adani Ports

In terms of sectors, Wood remains bullish on the real estate sector and suggests the Indian realty market to be one of Asia's hottest investment bets, besides Singapore

Christopher Wood, global head of equity strategy at Jefferies has rejigged his India exposure – both in his Asia ex-Japan and India long-only portfolios. The investment in Godrej Properties has been replaced in his Asia ex-Japan long-only portfolio with an investment in Macrotech Developers with a 6 per cent weighting. The investment in Bajaj Finance, on the other hand, has been reduced by one percentage point.

As regards the India long-only portfolio, Wood has replaced Jubilant FoodWorks with an investment in Adani Ports & Special Economic Zone with a 4 per cent weighting. CHECK ENTIRE PORTFOLIO HERE

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