1 min read
Add as a preferred source on Google

BlackRock Projects Fourfold Shift in Indian Household Portfolios

The institute expects the share of new household assets allocated to shares, funds and debt securities to rise over the next decade. The change could widen the pool of domestic capital available to Indian companies.

Hands arrange three unmarked folders beside a household savings jar / TokenPost.ai
Hands arrange three unmarked folders beside a household savings jar / TokenPost.ai

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

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…