Wood said there is also growing interest in offering China as a special asset class of its own with the rest of the emerging markets managed separately. Creating an emerging markets (EM) basket excluding China would benefit markets like India and Taiwan as China’s underperformance would weigh down the EM index returns. China has the highest country weightage on the EM indices.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an