People with more than $1 million of investable funds are repositioning toward private markets to shield their assets from market volatility, Lombard Odier’s 2022 study about high net-worth individuals in Asia Pacific found.
The industrial and manufacturing space has also shown promise, courting 9 percent of deal value and 22 percent of deal volume since 2011, on the heels of Prime Minister Modi's 'Make in India' campaign to attract further overseas investment.
A growth slowdown in the global economy is imminent as risks from events such as Brexit materialize even as the Indian economy continues to remain relatively stable, though not unimpacted.
A Donald Trump presidency would be as big a global risk as the rising threat of jihadi terrorism, according to the Economist Intelligence Unit.
The final HSBC/Markit Manufacturing Purchasing Managers' Index(PMI) edged up to 50.4 in October, up from the September's reading of 50.2, but unchanged from a preliminary reading.
Bank of America Merrill Lynch sticks to its USD/INR forecast of 57 for the end of September, saying the continued global risk uncertainty makes it too premature to say the worst is over for the local currency.