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Article: INVESTMENT TRUSTS: Stable India offers boost to Aberdeen.
- Article from:
- Fund Strategy
- Article date:
- May 25, 2009
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India's voters have re-elected the Congress party to government, clearing the way for structural reforms and fiscal stimulus, but Aberdeen says it will not be changing its investment approach.
With a newly elected government, India's electorate has cleared the way for much-needed structural reforms and fiscal stimulus; perhaps even for higher economic growth and greater investment opportunities.
Adrian Lim, an investment manager on Aberdeen's Asia Pacific (ex Japan) equity team, says the re-election of India's Congress party will make the country more politically and economically stable.
Investors as well as the market have reacted ...