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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (1369)	6/12/1998 7:16:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 12475

Fund managers say that there is little incentive to invest in India. Like they had any in the past.<g> I remember listening to an interview with a fund manager (possibly Ralph Wanger of Acorn Funds?). This was sometime last year. He spoke about the clumsiness and the numerous uncertainties that fund managers have to deal with, when investing in India. In addition to all that, now they will also have to deal with the possibility that India and its neighbor might blow each other from the face of the planet! Suffice it to say that the current climate is more conducive for arms dealers (preferably of the quasi-legitimate category!) than it is for investors...