21/09/2009
“India is Asia’s dark horse,” he said. “Thirty per cent of the world’s children live in India … It was a spectacular result in the election so that there is now one-party rule. But, at the margin, at the moment, you’d still have to concentrate on China,” he said.
The weak link among the BRICs was Russia, which suffered from, mainly, political problems.
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Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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