GREED & Fear Report: Too much India exposure hurt returns, says Jefferies' Chris Wood - but he isn't giving up
GREED & Fear report, June 13 -- India remains a key part of Christopher Wood's Asia investment strategy even though the market weighed on portfolio performance over the past year, according to the latest GREED & Fear report by Jefferies.
Despite the underperformance of Indian stock markets, Wood made it clear that India continues to occupy an important place in his long-term investment framework.
The veteran strategist acknowledged that his Asia ex-Japan portfolio lagged the broader benchmark partly because of an overweight position in India. However, despite that setback, he has maintained meaningful exposure to Indian equities through several prominent holdings spanning real estate, infrastructure, financial services, airports and pow...
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