21 September 2009 13:00
“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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Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
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