Investors shun India, prefer China and Indonesia
Allocators are heavily favouring emerging markets and the US over Europe, according to Bank of America Merrill Lynch’s monthly fund manager survey.

Asia-Pacific and emerging-market investors are the most overweight China of all Asian countries, but heavily underweight India. Only 17% of respondents forecast a hard landing for China of sub-7% growth, according to Bank of America Merrill Lynch’s December fund manager survey.
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