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JPMorgan index likely to include Indian govt bonds in 2024'
Mint Mumbai
|August 18, 2023
JP Morgan Chase & Co. will likely include India's sovereign bonds on its indexes next year as investment hurdles get resolved, one of Europe's biggest asset managers said
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"According to our meeting with the index provider, India is keen on that inclusion even though it may not appear so to the outside," Sabrina Jacobs, a senior client portfolio manager for emerging-market fixed income at Pictet Asset Management SA, said in an interview. "We are looking at mid-2024 as a start for the inclusion and then a phase in."
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