ETFs are very passive investments.
(Bloomberg) -- JPMorgan Asset Management increased its holdings of Indian local-currency sovereign bonds, viewing them as the best bet among peers in Asia. Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIChina’s Housing Rescue Has a Poor Track Record in Pilot CitiesXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpThe firm added bonds in A
The bank's CEO revealed some surprising thoughts during its latest investor day.