US investment in Indian equities larger than in Chinese, claims Kotak

Mumbai stock exchange

Reuters

Indian equities: By the end of last year, US investors had pumped $12bn and $11.8bn into Indian and Chinese equities respectively, according to data compiled by the Mumbai-based Kotak Institutional Equities brokerage. 1.8% of all US foreign equity holdings are now in India compared to 1.6% in China. While this represents a $5bn rise for India since 2013, US direct investment in China has declined by $1.8bn over the same period. Overall, the average US investor’s equity allocation to emerging markets was down from a peak of 18% in December 2009 to 12%.

Source: indiatimes