Issue: 0810| Tuesday, March 04, 2008
Valuations: HF managers & directors exposed to risk
HFs, favorite with Institutional Investors
Aima opposes UK non-domicile tax changes
HF to sue SEC over advertising ban
Caution on US recession from Buffet
European bond market presents opportunity: PIMCO
Commodity derivatives shine, Steel blazes
Survey provides new insights on Tech Off-shoring
Words of Wisdom
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Stuart Wilde
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India going from strength to strength

With all eyes on the elections in its volatile neighbour Pakistan, it is easy to overlook the quieter investment success story of India.

Last year, burgeoning consumer spending and much-needed infrastructure growth helped the Morgan Stanley Countries' Index (MSCI) India deliver a 71pc return, the highest of any major Asian market. This year, the economic news has remained buoyant, supporting claims that India's domestic strength insulates it against world economic turmoil.

But investors' waning appetite for risk has sliced 14pc off the Indian stock market since January 1. Does the Indian growth story still hold strong? And if so, does recent weakness represent a buying opportunity for investors?…
(Read more..)


Source :Telegraph

 

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