New Delhi, March 27 (IANS) Major global leading brokerage Jefferies has exited its holdings in HDFC Bank and reduced its India exposure across key portfolios, following the resignation of the lender’s part-time chairman Atanu Chakraborty.In its latest “Greed & Fear” report, Jefferies strategist Chris Woods said the firm has removed HDFC Bank from its Asia ex-Japan long-only equity portfolio, global long-only equity portfolio, and international long-only equity portfolio (ex-USA). No sp…
Latest MSCI News & Updates
Seoul, Jan 9 (IANS) The government on Friday announced a comprehensive road map aimed at securing South Korea’s inclusion in the developed market index of global index provider Morgan Stanley Capital International (MSCI), including plans to operate the country’s foreign exchange (FX) market on a 24-hour basis.The plan represents the government’s latest effort to address the so-called “Korea discount,” under which local shares trade at valuations below their fundamentals, and to position South Ko…