Notwithstanding concern over fundamentals in emerging markets, BNP Paribas Wealth Management is betting on India and Indonesia equities on the back of accommodative monetary policies and low consumer debt levels. The French private bank likes India equities in the long-term, especially after they underperformed against emerging markets year-to-date despite tailwinds generated by high growth prospects relative to other major nations, a slowing…
BNP WM sounds positive note on India and Indonesia equities
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