Salient to Investors: Jeffrey Gundlach at DoubleLine Capital said: The Shanghai Composite Index is worth a speculation, but his favorite stock market long-term is India. Yields on 10-yr US Treasuries may reach 2.65% this year. Does not own any foreign currency bonds – the biggest risk in a rise in yields
READ MORE... →Salient to Investors: Flows into emerging-market ETFs have turned positive for the year, reversing outflows in the first 2 1/2 months of 2014. The most inflows in 2014 have gone to India-focused ETFs. Investors have withdrawn $1.5 billion from China-targeted ETPs over concern over economic imbalances there. The RSI of the BlackRock ETF
READ MORE... →Salient to Investors: Karen Umland at the DFA Emerging Markets Small Cap Portfolio Fund is slightly overweight India, and had 15 percent of holdings in Taiwan, over 14 percent in South Korea, over 14 percent in China, and 9.2 percent in Brazil at the end of Q1. Umland dislikes Russia
READ MORE... →Salient to Investors: Jim Rogers writes: If you can only visit one country in your life, visit India. Short India: just read its newspapers every day and you will see why. Read the full article at http://blogjimrogers.blogspot.com/2013/08/yes-i-have-new-reasons-to-short-india.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Zhao Danyang at Pureheart Capital Asia has more than 80 percent in Chinese stocks traded in Hong Kong, Singapore, the US and at home from 50 percent at the start of 2013. Pureheart has sold almost all of its Indian stock holdings and plans to further cut its Vietnam investments. Pureheart said Chinese
READ MORE... →Salient to Investors: Jim Rogers is short India on very high debt to GDP and more government controls and regulations. Read the full article at http://blogjimrogers.blogspot.com/2013/08/jim-rogers-short-india-stock-market.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Only 3 emerging-market stock pickers avoided losing money in half1 by making prescient currency bets and buying companies insulated from economic swings and government interference. They recommend Philippine retailers, Chinese Internet companies and Indian drugmakers. Lewis Kaufman Thornburg Developing World Fund said there are many going wrong. Kaufman is overweight
READ MORE... →Salient to Investors: Franklin Templeton Asset Mgmt (India) and Nomura Asset Mgmt predict rupee bonds will extend the longest run of gains in more than a decade as inflation below 5 percent adds room for interest-rate cuts. Nomura says easing price pressures will allow India to add to the most aggressive
READ MORE... →Salient to Investors: Inflows into Indian stocks in 2013 topped a net $13.1 billion, the second-largest among 10 Asian markets tracked by Bloomberg, behind Japan. Debasish Mallick at IDBI Asset Mgmt said the easy money policy of global central banks will support flows into India. The Sensex is at 14 times projected
READ MORE... →Salient to Investors: Foreigners bought $292.1 million more of Indian stocks than they sold last week, the most since the period ended March 15. Net inflows in 2013 are $10.6 billion, the second-largest amount among 10 Asian markets tracked by Bloomberg, behind Japan. James Thom at Aberdeen Asset Mgmt said India
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