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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.
Investors shun India, prefer China and Indonesia

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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