Home ETFdb.com Amid a Possible Recession, India May Be a Solid Bet

Amid a Possible Recession, India May Be a Solid Bet

One fund manager believes that India’s domestic market makes the country well-positioned to withstand a global recession. Sudarshan Murthy, a portfolio manager at fund manager GQG Partners LLC, told Bloomberg that while overseas investors have pulled $30 billion from India’s stock market so far this year, his firm is bullish on the country, investing more than $7 billion in it.

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