Despite the weakness seen in the stock market, we are witnessing the benefits of strong policy measures implemented in previous quarters like demonetization and the goods and service tax with the fastest growing major economy in the world. GDP growth is an amazing...
After a strong 2017 for equities, the market has retreated in the first 3 months of 2018. India is ranked the 7th largest economy in the world by the IMF for 2018 and well positioned to get to number 5 by overtaking Germany and the UK. With GDP growth forecast at 7.4%...
2017 was a great year for India. The steady focused prime minister, Mr Modi, and his BJP party hold a strong grip on the political agenda. The key event during the year was the continued fight on anti-corruption as seen from the demonetization campaign he ran and his...
FMG (EU) India Opportunity Fund gained +2.9% in the 3rd Quarter of 2017 India has been among the best-performing markets globally with stocks up over 20% so far in 2017, helped by a weakening USD, modest inflation, historically attractive interest rates and a stable...
FMG (EU) India Opportunity Fund gained 2.5% in the 2nd Quarter of 2017 During the quarter, inflows from domestic investors of $3.1bn outstripped inflows from foreigners of $2.1bn. We are happy to see the enthusiasm by locals for Indian shares and the rising allocation...
FMG (EU) India Fund gained +19.0% in the 1st Quarter of 2017 After a disappointing 2016, India was by far the best market for the first three months of this year. When India delivered a very gutsy statement in November of 2016 by voiding the 500 and 1000 INR (Indian...
