Indian equity, as tracked by the iShares MSCI India ETF (BATS:INDA), has been outperforming all other BRICS nations.
The ETF is up 16.3% over the past one year, followed closely by the iShares MSCI Brazil ETF (NYSE:EWZ) at 12.9%, while Russian, Chinese and South African equity lag far behind.
Billionaire hedge fund manager, Ray Dalio, has long been an investor in the emerging markets. His hedge fund, Bridgewater Associates‘ top holding is the iShares Core MSCI Emerging Markets ETF (NYSE:IEMG) which has an 18.52% portfolio allocation towards India. Dalio’s ...Full story available on Benzinga.com
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