Morgan Stanley Investment Management Company's executives suggest that do not configure according to the weight of the benchmark index, especially when it involves the Chinese market.
Bloomberg reported that Jitania Kandhari, deputy investment officer of Morgan Stanley Investment Management Company and the macroeconomic research director of emerging markets, said: "China is an important part of the index, accounting for 30%However, we believe that as the index increases, the proportion will not be greater. "
She explained that the reason for China to face the challenges such as economic departments and global supply chain migration of over -liabilities."You really have to take the initiative to invest in other countries with good prospects. Don't configure according to the benchmark weight."
On the other hand, India is the favorite of its fund, and it is also the largest market in its superior market.one.
"All factors that are unfavorable to China are good for India," Kandali said.The Indian population is growing and debt is lower than China, and China is in "the eye to go global". This storm is promoting the relocation of the supply chain, which is conducive to other emerging markets such as Indonesia, Thailand, Vietnam and Mexico.
Kandali also said that Morgan Stanley Investment Management Company is evacuating the US stock market to increase risk exposure to the development of the market.She said that the stock valuation of the market is attractive, and the growth of economies such as India is bound to better than the United States.
"A new leader will appear every ten years in the market. In the 2010s, it was U.S. stocks and large technology stocks ... emerging markets and international stocks can obviously become the leaders of the current age." JP MorganThe asset management scale of Shidanley Investment Management Company is 1.3 trillion US dollars.
