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Wealth Professional | 07 Jul 2016, 08:30 AM Agree 0
Investing in India is often eschewed by investors and advisors alike as home bias pervades in Canada – but one advisor says it’s a huge missed opportunity
  • Murray Schultz | 07 Jul 2016, 10:26 AM Agree 0
    Agree. India has a younger and English speaking population that will, in size and capability, overtake China by 2030. A few legacy problems, such as the desire to protect the large kiosk culture (mom and pop retail businesses) and challenging transportation and communication infrastructure, have held India back. This, combined with restrictions on currency and foreign direct investment, has been frustrating for multinationals wanting to access the large Indian market. So getting any real exposure to this growth potential via the purchase of stock in North American household names has been difficult. One supposes that buying a mutual fund which invests directly in Mumbai-listed companies is the logical alternative.
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