News Snapshot:
Feedback BlackRock is trimming its investments in Indian equities and becoming more optimistic on China on attractive valuations amid expectations that policy hurdles will ease next year, according to a Bloomberg report. “Valuations are key right now,” Belinda Boa, head of active investments for Asia Pacific at the world’s biggest asset manager, said at a briefing, reported Bloomberg. “Because of the outperformance we’ve seen in India this year, on a relative basis, we are starting to take profits and become more positive on Chinese growth stocks," she said. BlackRock has rejigged its Asia-focused portfolios to have more neutral positions on...
