Asia remains the most vulnerable region globally to sustained increases in oil prices due to its heavy reliance on imported energy and high trade openness, asserted a report by Invesco headlined 'Middle East Tensions - Impact on Asia.'
However, in terms of Emerging Market (EM) Equities, Invesco report said the EM equities have the most attractive valuations relative to other regions, albeit with wide variation within EM. "We anticipate Chinese stocks to continue to outperform while India may struggle."
According to the Invesco Global Sovereign Asset Management Study, 2023, sovereign wealth funds favour emerging markets, particularly India, given its solid demographics, political stability, and proactive regulation.
Mumbai (Maharashtra) [India], October 13 (ANI): Reliance Industries Limited has said that it regrets being drawn into the dispute between Zee and Invesco and reports in the media are not accurate.