Jefferies shifts weightage from China and Indonesia to India and Taiwan

New Delhi [India], December 28 (ANI): Global investment bank Jefferies has increased its allocation to India and Taiwan in its Asia Pacific ex-Japan relative-return portfolio, while trimming exposure to China and Indonesia, citing evolving macroeconomic conditions and relative growth prospects across the region.

In its latest strategy note, Jefferies said it has raised the weightings of India and Taiwan by one pe