-- India is set to lure billions of dollars more inflows when JPMorgan Chase & Co. adds the nation’s government bonds to its emerging markets index on Friday, opening up a $1.3 trillion market to a broader range of investors.China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
“Most of the flows we’re seeing are driven by investors who are tracking the index and should be fairly sticky,” said Vikas Jain, head of India fixed income, currencies and commodities trading at Bank of America Corp. “Declining debt-to-GDP ratio, stable macros and favorable demand-supply for India’s bonds are positive factors.”
Within the so-called Fully Accessible Route bonds eligible for index inclusion, 28 securities worth more than $400 billion will give India a 10% share in the index at peak. That’s a similar weighting to China.“Upon inclusion, India will have the single highest duration across the index, with an above average yield-to-maturity,” JPMorgan strategists led by Michael Harrison wrote in a note this week.
Holding high-yield dividend stocks such as Enbridge in an RRSP can help Canadian investors build long-term wealth. The post Why I Can’t Stop Buying Shares of This Magnificent High-Yield Stock in My RRSP appeared first on The Motley Fool Canada.If you're tired of coming across the same dividend stocks over and again, here's one analysts love that provides a high yield and a cheap share price. The post 9.