After hiking stake earlier this year to Indian equities to 14 percentage points (ppt) in his Asia ex-Japan long-only portfolio, Christopher Wood, global head of equity strategy at Jefferies has launched India long-only equity portfolio with 16 stocks, which include marquee stocks such as ICICI Bank, HDFC, Bajaj Finance, Reliance Industries (RIL), ONGC, Maruti Suzuki India, Tata Steel and Jubilant FoodWorks.
India always had a significant representation in GREED & fear’s long-only Asia ex-Japan portfolio, launched nearly 19 years ago at the end of third quarter of 2002 (Q3-2002). The move comes despite the Indian equities nearing all-time high levels
