04.11.2014 - The World’s Largest Wealth Fund Set to Increase its Investments in India
Norway’s $860 billion Sovereign Fund, also the world’s largest wealth fund, is set to increase its holding of Indian Stocks and Bonds to 0.9% of its fixed-income and equities portfolio. India’s benchmark S&P BSE has surged over 32% this year with the country emerging as the most promising emerging market for the year. With a majority sweep in the recent elections in the world’s largest democracy, newly elected Prime Minister Narendra Modi has made sure to restore India’s economic growth and make the country a lucrative investment option...............................................Full Article: Source
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