David Cornell, manager of the closed-ended £120m Ocean Dial India Capital Growth fund, has said structural reform and technological revolution in India have led to a change in traditions and cultural behaviours, which in turn is having a positive impact on the country's economic climate and outlook for equities.
India's stockmarket was hit in Q1 following a combination of profit taking after a strong 2017 and the February proposal for a 10% tax on equities. However, many managers and analysts told Investment...
Four potential outcomes
Industry members abseil down Broadgate Tower
Changes made on 14 September
Hired as portfolio manager in global equity income team
'Three cycles are colliding'