This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Martin Currie mulls India fund launch

  • Print
  • Comment

Martin Currie is looking at launching an India fund to complement its emerging markets portfolio.

Head of investment John Pickard says: “We are considering an India fund. There are a lot of companies you can invest in and you can get exposure to all parts of the economy.

“It was relatively closed in the past but now there is a lot of variety which is good for stockpicking. The youth of the population and growth in consumption looks better than in China. Demographics are tailing off quite quickly in China.”

Currie’s annual results, published last week, show lagging performance of its global and EAFE funds.

The 2010 relative return for the global alpha fund fell by 1.2 per cent, the global fund fell by 3.2 per cent and the EAFE fund was down by 4 per cent, as was the global (excluding the US) fund.

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


Do you see the value in adviser trade bodies?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments