With Indian equities accounting for over 20% of a major MSCI index, active managers may have a choice between raising their holdings in an expensive market or seeing higher tracking errors, as the Chinese market continues to come under pressure.
FA recently caught up with Vivek Sharma, senior executive vice president & head international clients group at Nuvama Group, who shared his views on the exciting Indian capital market landscape, including FIIs, wealth and private credit.
The first 'pure-play' electric vehicle manufacturer to IPO on the Indian market is the largest listing this year in the country, while baby-product firm Brainbees Solutions has also listed; both have seen their shares soar on debut.
India is projected to surpass, or may have already surpassed, China as the world's most populous country this year. Will this translate into more opportunities for investment?
Recently appointed as Apac CEO of the credit specialist, Andrew Tan shares his priorities for the firm over coming months; explains why certain investors are favouring private credit over private equity; and suggests why India is no longer a hotbed for institutional investors.
In 2022, UOB agreed to acquire Citi’s Vietnam business as part of a larger deal that also includes Malaysia, Thailand and Indonesia. Meanwhile, the bank’s India consumer business will transfer to domestic lender, Axis Bank.