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Fund manager Ashburton sees spark in India

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Backing Ashburton's case is India's brighter economic and earnings prospects than its Communist-ruled neighbour.

Mumbai

WHILE funds in May were selling Indian equities at the fastest pace in 22 months and buying Chinese stocks instead, Ashburton Investments Ltd was doing the opposite.

Falling valuations have "presented an excellent opportunity to build positions" in India at the expense of

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