With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM equity fund to China, while reducing India to less than half that, according to Edward Evans, a London-based EM equities portfolio manager. He cites a divergence in valuations as the main reason for the decision.
Nifty ends below 24,000 for 4th week of losses
Indian equity markets faced a downturn for the fourth straight week, with the Nifty index retreating under 24,000. A combination of soaring crude oil prices
September 5, 2026