Carmignac's Park: I have learned to be ready for disappointment when it comes to India

Concerns about oil, currency and politics

Jayna Rana
clock • 4 min read

David Park, co-manager of the €1.2bn Carmignac Emergents fund with Xavier Hovasse, has said despite India's "huge potential" he is concerned about its fragile currency and the potential for volatility ahead of next year's general election, which makes the country a difficult investment case.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

Partner Insight: Dispelling Myths in Emerging Market Debt

Partner Insight: Dispelling Myths in Emerging Market Debt

Improvements in fiscal competence and policymaking are transforming perceptions of emerging market debt.

Allianz Global Investors
clock 05 December 2025 • 2 min read
Partner Insight Video: Navigating volatility in emerging markets

Partner Insight Video: Navigating volatility in emerging markets

Seeking steady returns – even in turbulent times

AllianceBernstein
clock 04 December 2025 • 1 min read
Partner Insight: EMD - The misunderstood asset class

Partner Insight: EMD - The misunderstood asset class

Emerging markets debt suffers from perceptions of being too risky or illiquid, but its resilience in recent years suggests the asset class could be a lot stronger than many investors realise, according to Allianz Global Investors

Allianz Global Investors
clock 03 November 2025 • 5 min read
Trustpilot