China favors investors who value India more

In a change in the tone of two of the world’s biggest emerging markets, billion-dollar-oversight global investors are gradually starting to favor China versus India – reversing a year-long trend that has pushed stocks in opposite directions. Gave. BlackRock Inc reduced its exposure to Indian stocks, easing policy barriers to Chinese stocks, saying “the time … Read more

Global investors queue up for LIC IPO anchor book

Global investors including Blackstone, BlackRock, Abu Dhabi Investment Authority, Government of Singapore Investment Corp and Capital International are understood to have held preliminary discussions regarding anchor book allocation in the proposed initial public offering of Life Insurance Corporation of India (LIC), government and banking. is of. officials told ET. Canada’s pension managers such as the … Read more

Time to buy China shares and hedge India’s exposure, says BlackRock

By Ishika Mukherjee and John Chango BlackRock Inc is reducing its investment in Indian equities and becoming more optimistic on China on attractive valuations amid hopes of easing policy hurdles next year. “Valuations are important right now,” Belinda Boa, head of active investing for Asia Pacific at the world’s largest asset manager, told a briefing. … Read more

Where is BlackRock worth in India’s biggest IPO?

BlackRock Inc. And what exactly do the likes of Canada Pension Plan Investment Board see in the unprofitable Indian payments startup for the country’s largest IPO? A simple answer: the raw power of data. Paytm, formally known as One97 Communications Ltd., has joined the world’s largest Sovereign Wealth Funds of Singapore and Abu Dhabi as … Read more