Manulife Investment Management's top plays in India
Portfolio Pulse from
Manulife Investment Management's Rana Gupta favors large private sector banks and quick commerce companies in India. However, he warns of potential capital outflows due to foreign promoters selling IPOs.
November 20, 2024 | 7:00 am
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NEUTRAL IMPACT
Manulife Financial Corporation (MFC) may see indirect impacts from its investment management arm's strategies in India, focusing on private banks and quick commerce.
While MFC is not directly mentioned, its investment management arm's strategies in India could influence its overall performance. The focus on profitable sectors like private banks and quick commerce may benefit MFC indirectly. However, the potential risk of capital outflows due to foreign IPO sales could offset these benefits.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50