According to Bank of America Merrill Lynch, India topped the global emerging market investors’ country preference chart followed by China and Poland in the second and third place, respectively. Asia Pacific investors have increased their allocations to India and Taiwan in June, reports SiliconIndia News.
“Despite having lost 14 percent (in $ terms) since January highs, India continues to be the most favored country for global emerging market investors,” Bank of America Merrill Lynch said in their recent research report.