Jefferies' Chris Wood has re-added HDFC Bank and introduced Siemens India to their Asia ex-Japan portfolio. Investments in Macrotech Developers, L&T, ICICI Bank, Axis Bank, Samsung Electronics, and SK Hynix were adjusted.

Global investment firm Jefferies has announced a series of strategic adjustments to its long-only equity portfolios across Asia and global markets, excluding Japan. The changes hints a rebalancing of key holdings as the firm positions for the year ahead.

Jefferies' Greed & Fear reintroduced a 4% weight in HDFC Bank in its Asia ex-Japan long-only equity portfolio. This adjustment will funded by reducing Macrotech Developers, Larsen & Toubro, ICICI Bank,

Chris Wood will also introduce an investment in Siemens India Ltd. as part of the Asia ex-Japan long-only portfolio with a 4% weightage and that will be done by removing the investment in the preference shares of Samsung Electronics and trimming his investment in SK Hynix by one percentage point.