Chris Wood ups India stake; hikes allocation by 2% amid resilient stock mkt

In his Asia Pacific ex-Japan asset portfolio, allocation to Indian equities at 16 per cent is the second highest after his exposure to China, which stands at 31 per cent.

Chris Wood
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Christopher Wood, global head of equity strategy at Jefferies

Puneet Wadhwa New Delhi
After having been surprised by the resilience shown by the Indian markets over the past few weeks in the backdrop of global central banks tightening their monetary policy in a bid to fight inflation, Christopher Wood, global head of equity strategy at Jefferies has raised his exposure to Indian equities.
Asia Pacific portfolio allocation - Chris Wood 2022
“Recent market movements, and the renewed lockdowns in China, prompt GREED & fear to make asset allocation changes in the Asia Pacific ex-Japan relative-return portfolio. With the Indian overweight having almost become Neutral, the

First Published: Sep 07 2022 | 11:19 AM IST

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