Morningstar: India has yet to win over hearts of EM debt investors

Sharath G. via Pexels - India
Sharath G. via Pexels - India
It has been an eventful year so far for emerging market debt. Investors have enjoyed strong returns in US dollars, with the JPM GBI-EM Global Diversified index gaining 11.4 percent through July. India’s weighting in the benchmark has increased, but not all fund managers are equally enthusiastic about the country’s prospects.
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