Top pension fund to buy more India state bonds on high yields
SBI Pension Fund plans to increase investments in state government bonds, expecting higher yields amid rising supply. The $64 billion fund is pursuing a carry-focused strategy, favouring state and corporate debt for steady income. It also plans to increase large-cap equity exposure while maintaining a cautious approach towards bond duration.
Key Takeaways
- SBI Pension Fund plans to increase investments in state government bonds, expecting higher yields amid rising supply.
- The $64 billion fund is pursuing a carry-focused strategy, favouring state and corporate debt for steady income.
- It also plans to increase large-cap equity exposure while maintaining a cautious approach towards bond duration.
SBI Pension Fund plans to increase investments in state government bonds, expecting higher yields amid rising supply. The $64 billion fund is pursuing a carry-focused strategy, favouring state and corporate debt for steady income. It also plans to increase large-cap equity exposure while maintaining a cautious approach towards bond duration.
Original Publisher Attribution
This summary was curated from Economic Times.