{
  "id": 13722520,
  "title": "AI trade may cool, bringing India back into focus: Amundi Global CIO Vincent Mortier",
  "url": "https://urgent.news/2026/10/11/ai-trade-may-cool-bringing-india-back-into-focus-amundi-global-cio",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T13:21:37.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/ai-trade-may-cool-bringing-india-back-into-focus-amundi-global-cio-vincent-mortier/article71571625.ece"
  },
  "original_language": "en",
  "account": "Amundi Global CIO Vincent Mortier suggests that the global interest in artificial intelligence (AI) may be cooling off, offering India an opportunity to shine. Mortier, the Deputy CEO and Global CIO of Amundi, believes that India has been disregarded during the AI-driven market rally and geopolitical concerns. Despite this, he highlights India as one of the strongest macroeconomic stories among emerging markets, citing its robust growth, sound finances, and currently undervalued stock prices. However, Mortier cautions that expectations regarding earnings growth and monetization may prove to be too optimistic, leading investors to reevaluate their investment strategies. Amundi currently holds an overweight position in emerging markets, with 8-10 per cent of its portfolio allocated to India and China, which exceeds benchmark weights. Moreover, Mortier advocates for greater representation of India in global benchmark indices and shares a similar sentiment with 10 per cent of his personal equity investments directed towards India through a Nifty-linked ETF.",
  "summary": "Amundi favours India on strong growth, sound finances and attractive valuations amid AI uncertainty",
  "key_points": [
    "AI interest may cool, highlighting India's opportunity",
    "India strong macroeconomic story with robust growth",
    "Amundi overweight in emerging markets, 8-10% in India"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}