Caution against index investing in India
Norwegian fund's advice is to pick up companies with most potential
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Oslo
QUANTUM Advisors, which picks Indian stocks for Norway's US$860 billion wealth fund, says investors should stay away from index investing in Asia's fourth-biggest market.
Investing in indexes is a poor place to put money because you don't necessarily go into the companies with the most potential, said Ajit Dayal, the director of the Mumbai-based fund, which manages US$2 billion in Indian equities.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
