Foreigners dump record Indian bonds as weak rupee erodes returns

Foreigners dump record Indian bonds as weak rupee erodes returns

Indian sovereign bonds eligible for inclusion in global indexes are on track for a record monthly outflow, as a weaker rupee and signs the central bank is nearing the end of its interest-rate cut cycle weigh on sentiment. Global funds have sold 143 billion rupees ($1.6 billion) of bonds so far in December, according to … Read more

Cameron Brandt says Trump-Putin meeting unlikely to spark major market shifts

Cameron Brandt says Trump-Putin meeting unlikely to spark major market shifts

“In terms of market impact, however, from where we sit—watching big universal mutual fund and ETF flows—geopolitics has really not been a meaningful long-term driver of flows for quite some time,” says Cameron Brandt, EPFR Global.Firstly, let us talk about what you think will really come out of Trump and Putin’s meeting in Alaska, because … Read more