BlackRock Boosts India Bond Holdings on Carry, Rate-Cut Room

Updated on
  • Have an overweight position on India in our portfolios: Seth
  • Pimco last week said India, Indonesia are biggest overweight

BlackRock Inc., the world’s largest money manager, has been increasing positions in Indian local-currency bonds in the past two months, lured by attractive carry returns and the prospect for more monetary easing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.