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    HomeNewsBusinessMarketsIndia remains largest overweight in Asia: Goldman Sachs

    India remains largest overweight in Asia: Goldman Sachs

    Moe says he sees draw-down risk if fundamentals do not improve, adding India remains the largest overweight in the region but funds have pared down their overweight allocations to reasonable levels.

    August 09, 2016 / 09:48 IST

    Timothy Moe of Goldman Sachs says Asian equities have rallied 10 percent and seen USD 17 billion FII inflows since the Brexit lows.

    History suggests the current rally looks mature in terms of price moves/inflows, he feels.

    According to him, however, active managers look under-exposed and may be forced near term to chase the market.

    Moe says he sees draw-down risk if fundamentals do not improve, adding India remains the largest overweight in the region but funds have pared down their overweight allocations to reasonable levels.

    first published: Aug 9, 2016 07:47 am

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