Global fund managers are not rushing to invest in Indian stocks. According to Bloomberg, since the beginning of the year, they have sold Indian assets for a total of more than 3 billion dollars due to the increase in the income of the population and concerns related to vaccination from COVID-19 in India.
However, despite this, there are also optimistic forecasts. Last month, ING Groep NV and Nomura Holdings Inc. issued a suggestion that investors will soon start buying Indian stocks again.
"We see that Indian assets are attractive to global investors, thanks to the country's growth potential," said Annuj Jain, director of investments at UBS Wealth Management. "Investors consider India as a long-term success story."
Due to the problems with vaccination and the increased income of the population, investors are cautiously relating to riskier assets, as indicated by the pressure in the fund markets in developing countries. However, analysts believe that in the near future the situation may change, and investors will return to Indian assets.
