The US asset manager is picking stocks from the tech and finance sectors in India.
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The US asset manager is picking stocks from the tech and finance sectors in India.
Rapid recovery rates from Covid-19, structural reforms and a low oil price should bolster India’s economy, says an India equity investment adviser.
Encouraging growth prospects make emerging market equities more attractive than those in developed markets, argues James Ashley, head of international market strategy at Goldman Sachs Asset Management.
FSA compares the Fidelity India Focus Fund with the First State Indian Subcontinent Fund.
The share price of many big brand name companies improved after the controversial currency ban in November, said Shekhar Sambhshivan, portfolio manager of the Invesco India Equity Fund.
Despite turmoil resulting from India’s November demonetisation of high-value bank notes, the economy is expected to rebound this year, according to Schroders.
Motilal Oswal believes its highly-concentrated equity fund of select domestic companies will appeal to investors in the US and Asia.
Reforms are gathering pace and will boost Indian share prices, according to Vikas Shah, portfolio manager and Indian equities specialist at Emerise.
The passage of the Goods and Services Tax bill last week will simplify a complex tax code, boost consumer spending and enhance productivity – giving equities a tailwind, according to Mirae Asset Global Investments.
Part of the Mark Allen Group.