US EditionAMFI Hails JP Morgan's Decision To Include Indian G-Sec In EM Index
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AMFI Hails JP Morgan's Decision To Include Indian G-Sec In EM Index
The Association of Mutual Funds of India on Friday welcomed the decision of global financial major JP Morgan to include government bonds in its benchmark Emerging Market Index from next year, saying it will result in more demand for government securities.It will help bring over $30 billion into government bonds or government securities (G-Sec), AMFI Chief Executive NS Venkatesh said."We welcome the decision. This will increase the demand for gov…
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