BlackRock Projects Fourfold Shift in Indian Household Portfolios
Photo: TokenPost
BlackRock Investment Institute expects the share of new household assets in India allocated to shares, investment funds and debt securities to increase fourfold over the next decade, a shift that could expand the domestic capital available to companies seeking funding. The projection concerns how households may allocate newly accumulated wealth. It does not describe a completed increase in existing securities holdings. If more new household assets go into these financial instruments, Indian businesses could have a larger pool of domestic capital to draw on. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
