A disorderly slowdown in China and regional geopolitical tensions could derail optimism surrounding India’s outlook next year, according to a new report.
Asia’s third-largest economy is closing out the year with a bang as cheap oil boosts its fiscal position and investors cheer Prime Minister Modi’s pro-business reforms, making Indian markets one of the world’s best performing hedge fund strategies this year, according to Hedge Fund Research (HFR). The renewed confidence is crucial to India maintaining its status as the current favorite among emerging markets.