Global investors, pension funds in particular, are showing a preference for emerging markets and India is benefitting from this trend, Cameron Brandt, Director of Research at EPFR Global said in an interview to CNBC-TV18.
India has seen net foreign portfolio investor (FPI) inflows of closed to $5 billion so far this month alone.
“The tilt towards emerging markets has been very much in favour of Asia and India is among those benefiting and it has ways to go,” added Brandt.
“India has historically got significant support from its expatriate population. So the portfolio capital flows are also picking up on that.”
For entire interview, watch video