Janus Henderson Investors reduces Indian stock exposure, increases South Korea position for higher dividend returns.
Janus Henderson Investors has reduced its exposure to Indian stocks and increased its position in South Korea, expecting higher dividend returns. South Korea's high dividend yields and corporate reforms are seen boosting returns, while foreigners have invested $7.7 billion into Korean stocks this year. The South Korean Kospi benchmark offers a 2.45% dividend yield compared to India's Nifty 50 Index at 1.5%.
February 28, 2024
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