In September 2019, he had bought SBI Life Insurance and HDFC Life Insurance, which now account for 5 per cent and 4 per cent weight in the above-mentioned portfolio
With the US-Iran crisis not lacking vigour, gold prices are correcting
Earlier this month, Wood had suggested that the Indian economy was a victim of Narendra Modi government's shock therapy since he assumed power in 2014
Besides India, weightage of Indonesia, Thailand and Vietnam has also been cut by one percentage point each. On the other hand, exposure to Korea has been increased by 5 percentage points
Wood expects the government to continue to announce measure to prop-up the economy, but remains mindful of the widening fiscal deficit
The 'Indian story' will be badly damaged if the formidable Narendra Modi government was not re-elected for another term, writes Christopher Wood