Global Times Says ICBC Market Fund to Invest in India

In an article writer by Liu Weilin, a fund manager with ICBC Credit Suisse Asset Management Co. Global Times stated that ICBC Credit Suisse Asset Management Co has announced the public offering of the ICBC Credit Suisse India Market Fund, China's first publicly offered fund for investing in India. As the most important emerging market overseas, the Indian stock market's long-term trend is positive claims the article and offers best opportunity to get started in Indian stocks.The certainty of India's growth is very clear. But considering the continuous acceleration of urbanization and the expansion of the middle class, India's future value will be large. If estimated by purchasing power parity, India's GDP is already close to 7 percent of the world. The situation is similar to China when it started to rise a decade ago.………….Please Log in or Subscribe to view full details…..

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