View more on these topics

Fidelity chief aims to develop new thinking on emerging markets

IFAs need to stop thinking of India and China as emerging markets and rename them developing markets, says Fidelity fund manager Arun Mehra.

Mehra, head of investment strategy for the Fidelity India focus fund, thinks investor mentality towards India and China needs shifting. He says it would be more helpful for investment opportunities if the countries were referred to as developing markets rather than emerging markets.

Fidelity&#39s fund is a bottom-up portfolio of between 50 and 75 stocks and is biased towards small and mid-cap shares.

Mehra says the Indian market offers opportunity for long-term growth but political instability could influence financial markets.

Following the Indian elections earlier this year, the share prices of many leading companies fell but recovered once the coalition government took control.

Mehra says: “There are many multinationals that have now started outsourcing in India and this is something that bolsters the whole economy. I think of India as a developing market rather than an emerging market. It has emerged but is still 10 to 15 years away from becoming a dev-eloped market. It would be better if investors could think like this.

“Of course, the whole thing could be derailed by politics. There is the coalition but if this broke up, then that would have an effect. It is important to think of times like this as an opportunity, though.”


First4Brokers acquires Mandeville Ltd

First4Brokers, the independent mortgage compliant network has completed its acquisition of Mandeville Ltd, the electronic business to business service. Mandeville provides insurance products and services to mortgage brokers and IFAs. First4Brokers will now be able to deliver a range of electronically delivered general insurance schemes to its full members and firms that are directly authorised […]

Nick Kirwan

Nelson Mandela once said: “Education is the most powerful weapon which you can use to change the world.” Inspired by such words from his idol, Scottish Widows cover and protection marketing director Nick Kirwan is passionate about rebuilding consumers&#39 faith in financial services. He is regularly working with the ABI to try to help the […]

Miton takes record to IFA market

Multi-manager specialist Miton Investments is making its debut in the IFA market with its fourth fund of funds. The CF Miton special situations fund is based on a pension fund that the company has managed since 1998. It will be run on a core and satellite model with defensive assets such as cash and gilts […]

Intelligent Money offers new range of funds

Intelligent Money has launched a range of 100 per cent capital secured investment funds.The funds offer wither a fixed return, out-performance of the FTSE and a residential property fund with 100 per cent capital security.All the funds are available within Maxi Isas and Peps (for transfers).The funds will be available from 9 December unless they […]

Pensions Dashboards around the World

Steve Webb’s latest policy paper British savers risk being left in the ‘slow lane’ unless the UK Government takes a more active role in ensuring the successful delivery of a Pensions Dashboard. The report, ‘Pensions Dashboards around the World’, coincided with a major conference that was held on Monday 16 May and brought together experts […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm