MSCI Financial News

Gustavo Medeiros, Global Head of Research, Ashmore Investment Management, says India still trades at a premium to emerging markets but is a much smaller premium than it was before the correction, about three-four months ago. Therefore, Ashmore has started to look into some of the companies that they like to find opportunities. In terms of structural stories, Medeiros says one should look into are overarching trends that have many years to play out. One of the top trends in India is inclusion of women in the labour market and the ability of India to absorb more manufacturing. These are two interesting structural trends and one should look into companies that will benefit from that from that perspective. Ashmore has always loved India, hasn’t it? Gustavo Medeiros: Absolutely, yes, the world loves India. It is the most exciting structural story in emerging markets. It has been for many years, but particularly over the last 10 years, since economic policies have been much more pro-market.

Chinese equities this week — the largest weekly inflow since October 2024 — as blockbuster rallies in electric vehicle giant BYD and Chinese AI firms reignited confidence in China’s market rebound, driving global fund managers to ramp up their bets on Asia’s biggest economy.

The firm launched its inaugural mandate last month, initially focusing on UK equities. Ben Whitmore's Brickwood AM launches inaugural fund The TM Brickwood Global Value fund will aim to outperform the MSCI All Country World index (ACWI), net of fees, over a rolling five-year period, sticking with the areas of expertise of co-managers Ben Whitmore and Dermot Murphy.  Whitmore left his former firm Jupiter Asset Management after a 17-year career focusing on value investing to set up Brickwood AM last year, with Dermot following suit soon after. The global fund will invest at least ...

Many short-term positioning and momentum indicators suggest Wall Street was oversold, so in that light a continuation of the recovery is understandable. Chances for a truce in the Ukraine-Russia war, slender as they may be, are also lending some support to risky assets at the margins.

A basket of essential companies that supply products like plastic, aluminum, and paper — not your typical household names — reported the highest level of earnings misses so far this season. More than 65% of the MSCI Europe materials index missed earnings per share estimates for the fourth quarter, compared with just 35% of misses in the overall index, data compiled by Bloomberg shows. The sector, which includes companies like paint-maker Akzo Nobel NV, fertiliser producer Yara International ASA and flavorings manufacturer Symrise AG, is dragged down by weak demand in China, where economic woes have led to a slowdown in construction activity, and the threat of US tariffs.

Sensex and Nifty, opened higher for the second consecutive session on Thursday, driven by gains in auto, financial, and metal stocks. The rally followed US President Donald Trump's temporary tariff reprieve on automobile imports from Mexico and Canada. The BSE Sensex climbed 299 points (0.41%) to 74,032, while the Nifty50 advanced 99 points (0.44%) to 22,436 around 9:20 am.

Subscribe to enjoy similar stories. Actively managed foreign funds have sold more Indian stocks than passive funds in the ongoing correction, according to a Mint analysis.

Subscribe to enjoy similar stories. Foreign institutional investors have called it quits on Asian equities after US President Donald Trump’s America First policy triggered global trade policy uncertainty. A likely shift in world trade dynamics due to potential reciprocal tariffs could hurt the economic prospects of Asian economies.

Edelweiss Mutual Fund has announced a subscription limit of Rs 1 lakh per PAN per day for lumpsum, switch-in, Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and other transactions across its seven funds. These funds include six international funds and one index fund.

Emerging-market stocks fell on Monday, after posting the longest streak of weekly gains since 2020, as President Donald Trump’s latest executive order deepened investor concerns over the economic showdown between the United States and China.

«What you say is the consensus view out there. I mean, there are people who are saying that emerging markets is no longer an asset class because of multiple things that you just mentioned. But here are a few things. One, if you look at the valuations overall for emerging markets, if the US is trading at 22, we are at 20,» says Swanand Kelkar, Breakout Capital Advisors. What is keeping you busy these days? Swanand Kelkar: So, as you know, the Breakout Capital Fund is an emerging markets long biased fund, which invests across 30-35 best quality stocks across emerging markets, including India. And India, again, no points for guessing, is one of the largest allocations that we have.

Bank of America's top strategist Michael Hartnett claimed that the days of US stocks beating global markets consistently might come to an end, as per a report.

Subscribe to enjoy similar stories. The change of guard in America looms large over India's stock market, with foreign portfolio investors (FPI) raising bearish bets close to record levels a day ahead of Donald Trump's inauguration as the 47th President.

IndusInd Bank on the MSCI index is set for a significant increase in its next rebalancing in February, following a sharp reduction in foreign holdings during the December quarter. The private lender's latest shareholding data show that foreign portfolio investors reduced their stake to 46.63% in December from 55.53% in September. This reduction has pushed the foreign headroom comfortably above the 25% threshold, with MSCI currently applying a half-float factor,

The themes we would like to invest in during the current environment are largely domestic-facing sectors, such as Capex in the power sector, industrials, capital goods, and telecoms, due to robust domestic tailwinds. We also favor the “Make in India” stories in chemicals and healthcare, despite the possible increase in tariffs from the US in the future.

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Having dropped 19.8% in the year to 31 March 2024, the trust's share price has gradually risen by 2.7% in the six months to 30 September 2024, according to an abridged version of the company's half year report published today (3 December).  This marked a similar return to the MSCI World index total return during the same period of 2.8%, even though the index had previously returned 22.5% in the same timeframe that Lindsell Train's share price toppled by 19.8%.  Nick Train's UK Equity fund to pull in over £230m from Hargreaves Lansdown takeover However, the company's NAV per share f...

Indian IT service providers’ stocks are poised for a further run-up after a recent rally, bucking the weak sentiment in other sectors as Donald Trump’s return generates expectations of a stronger dollar and greater tech outsourcing. A benchmark gauge of the industry, led by India’s IT export stalwarts like Infosys Ltd. and Tata Consultancy Services, has risen about 7% in November, outperforming other sectors in the country. It’s also outpacing competitors elsewhere in the region, with MSCI Asia Pacific Information Technology Index falling about 3% this month.

Birla Corporation, Borosil Renewables, Honasa Consumer and Poonawalla Fincorp, report losses on a year-on-year (YoY) basis. Interglobe Aviation, which runs IndiGo airline, reported a loss of Rs 987 crore in Q2 vs a profit of Rs 189 crore in the corresponding quarter of the previous year. Similarly, Poonawalla Fincorp came up with Rs 471 crore loss as against a profit of Rs 855 crore in Q2 of FY24.

Subscribe to enjoy similar stories. Investors exiting India have net-sold over ₹2 trillion worth of shares this fiscal, setting the stage for what could be the worst year for foreign portfolio outflows on NSE's secondary market. As US bond yields rose and quarterly earnings disappointed amid lofty valuations, foreign institutional investors (FIIs) net-sold a record ₹1.17 trillion in the secondary market in NSE's cash segment in October.

dollar inflows related to the rejig of MSCI's global equity indexes, which helped it sidestep weakness in regional peers after U.S. President-elect Donald Trump's tariff threat rattled markets. The rupee was at 84.23 against the U.S. dollar as of 09:40 a.m. IST, its highest level in nearly three weeks, following its previous close of 84.2875. The dollar pared early gains made in Asia trading after Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.