Sep
24
Best Hedge Fund on India Says Expect 7 Good Years in the Next 10
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Indian market never cheap, focus on long term: Habrok’s Khanna
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Reform push should bolster economic expansion next year
The top-performing hedge fund focused on India isn’t scared by equity valuations that are the most expensive in 10 years and predicts Asia’s third-largest economy will have seven good years in the next decade.
Rahul Khanna, chief investment officer at Habrok Capital Management LLP, said his fund is betting on the long-term potential of the economy, which will begin to benefit next year from the government’s crackdown on black money and a nationwide sales tax. Last year’s cash ban and the goods and services tax introduced July 1 are expected to widen the tax base, while the latter should also make it easier to do business…
Best Hedge Fund on India Says Expect 7 Good Years in the Next 10
