Team Blitz India
NEW YORK: Goldman Sachs Group Inc. sees India’s inclusion to JPMorgan Chase & Co.’s key emerging market index spurring inflows upwards of $40 billion to the country’s bonds markets over the next 18 months. This includes passive flows of around $30 billion, and at least another $10 billion of active flows given the country’s attractiveness from a yield and low volatility perspective, analysts including Danny Suwanapruti wrote in a note.