CLSA raises India allocation to 20% overweight
Fri, Nov 15, 2024 3:18 PM

CLSA raises India allocation to 20% overweight

A Flip by Shubhangi Gupta
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Global brokerage firm CLSA has raised India allocation to a 20% overweight while cutting exposure to China in a tactical reversal, citing India’s stable economic conditions and robust foreign flows waiting on the sidelines to re-enter. This shift comes amid concerns about China’s economic struggles, including deflationary pressures, sluggish real estate investment, and high youth unemployment.

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