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Chart of the Day | Survey shows global fund managers are flocking to emerging market equities

Hopes of a US-China trade deal lead to optimism on global growth

November 13, 2019 / 01:47 PM IST
Chart of the Day | Survey shows global fund managers are flocking to emerging market equities

It’s well-known that in spite of a very weak economy and despite the outlook for earnings growth remaining tepid, the Sensex and Nifty have been doing well because of the return of risk appetite globally. The rise in the Indian equity markets has been fuelled by liquidity from foreign investors as central banks across the world signal the continuation of easy money policies. This month’s survey of global fund managers by Bank of America Merrill Lynch tells us that...

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