India

More Western asset managers look set to follow in the footsteps of Schroders and Invesco by acquiring stakes in Indian fund management companies to take advantage of a growing interest in investments.

INDIA

BENCHMARKS

J.P. Morgan's Austin Forey is upping his exposure to Indian equities despite admitting the region's poor performance had impacted the fund this year.

India's National Stock Exchange has said 59 "erroneous orders" were responsible for a plunge in Indian equities that saw the S&P ‘Nifty' index shed 15% earlier today.

EMs

LUXURY GOODS

HSBC Global Asset Management has announced plans to launch an Indian bond fund, giving UK retail investors access to the market for the first time.

ASIA

EMERGING MARKETS