By Fiona MacDonald Kuwait Investment Authority likely broke into the world’s top three sovereign wealth funds by assets. The Future Generations Fund, managed by the authority known as KIA, has risen to a record of about $700 billion, according to a person with knowledge of the matter. Its assets were valued at around $670 billion … Read more
MSCI praised the Indian government’s decision to revamp the limit monitoring mechanism for FPIs. Synopsis India is a part of several MSCI indices including the much-coveted MSCI Emerging Markets index where the country holds 10% weight and is the fourth-largest constituent after China, Taiwan and South Korea. Separately, MSCI also maintains an India-specific index and … Read more
MUMBAI: Continuing foreign inflows –$8.1 billion YTD — has driven up the valuation premium of MSCI India index past 55 per cent and 12 per cent against MSCI Emerging Markets and MSCI World indices, respectively, by mid-June, according to a brokerage report. The domestic market has been the best performer globally YTD (year-to-date), with the … Read more