HSBC Asset Management predicts that Indian bonds will attract $100 billion of foreign inflows due to global bond index inclusion. Wall Street investors are attracted to India as an alternative to China, with its fast economic growth. India’s strategic allocation is seen as attractive by large institutional investors. India’s trillion-dollar sovereign bond market is gearing up for a rush of foreign money in the run-up to inclusion in JPMorgan Chase & Co’s emerging markets bond index in June.
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