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India is the world’s third largest economy in purchasing power parity (PPP) terms. It has the best performing stock market in the world over the last 5 and 20 years and generates GDP growth of 7.4% pa. Yet, it does not feature in the MSCI World Index, and has only a 10% weighting in the MSCI Asia. Most investors, consequently, have little to no exposure to this powerhouse economy.
In this much anticipated episode of Your Wealth, Dr Mary Manning of Ellerston Asian Investments talks to Gemma Dale about why she believes the growth of the Indian market is too strong to ignore, covering key topics such as: