India emerges as least-favored Asian stock market in BofA survey
pre-market1 source ↓written by the desknot a recommendation
- in assets
- $272 billion
- of respondents reported
- 32%
India’s stock market is now the least favored in Asia, according to a Bank of America survey of 98 fund managers managing $272 billion in assets. 32% of respondents reported being net underweight on India, citing concerns over elevated valuations and a lack of exposure to artificial intelligence. In contrast, Taiwan and Japan are preferred markets for investors.
Not investment advice. For informational purposes only.