Thursday, February 17, 2011

India least preferred for investment in APAC: survey

India least preferred for investment in APAC: survey: "India appears to be the biggest loser on account of global fund managers shifting their focus back to developed markets from emerging economies, with the country emerging as the least preferred investment destination in the Asia-Pacific region in a new survey.

According to a February survey of fund managers by financial services major Bank of America Merrill Lynch, rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets."

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