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From Precy Dumlao, Opalesque Asia:
Global asset manager T. Rowe Price said that investors can benefit from the emergence of China and India as the two countries show potential for further growth within the financial sector.
In its latest Investment Viewpoint newsletter, T. Rowe Price, said that the ongoing expansion of Chinese consumption is fuelling the growth potential of consumer-oriented companies, while the growth of Indian consumption is being helped by deregulation designed to stimulate the private-sector.
T. Rowe Price a global investment management firm founded in 1937 and headquartered in Baltimore, Maryland, U.S. It manages $391.3bn and provides mutual funds, sub-advisory services, and separate account management for individual and institutional investors.
China and India’s economic potential is now being realized
According to the newsletter, India and China have been the fastest growing nations in Asia and have weathered the global crunch better than their peers. China and India rapidly expanded economically between 2005 and 2010 and their combined weighting (including Hong Kong) in the MSCI AC Asia ex-Japan Index grew from 36% to 48%.
“With their vibrant economies and progressively more open capital markets, we believe the weighting of China and India will continue to increase to more closely reflect their econom...................... To view our full article Click here
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