Many retail investors have diversified their portfolios internationally over the past few years. Several international funds are witnessing a downturn. Motilal Oswal NASDAQ-100 Exchange Traded Fund (ETF), for instance, is down 24.6 per cent while its S&P 500 Index Fund is down 14.5 per cent year-to-date (YTD). Emerging market funds have been hit particularly hard: the PGIM India Emerging Markets Equity is down 33.7 per cent YTD.
Changing rate, liquidity environment
High inflation worldwide is the key concern. At 8.3 per cent in April, consumer inflation in the United States (US) was close to its 40-year high. The Russia-Ukraine war and China’s