Europe's largest money manager Amundi says bet on India, EM stock outside China for best returns
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Amundi, Europe's largest money manager, predicts that equities in India and emerging markets outside China will offer the most appealing returns in the next 10 years. The company has downgraded its predictions on U.S. market returns, stating that investors have fully priced in growth expectations. Amundi remains cautious about the Chinese economy and anticipates a 6.8% annual return on Chinese equities. Amundi manages over 2 trillion euros ($2.13 trillion) in assets.
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https://m.economictimes.com/markets/stocks/news/europes-largest-money-manager-amundi-says-bet-on-india-em-stock-outside-china-for-best-returns/articleshow/109307374.cms