Article: An appetite for global food stocks

Do you fancy a Chicken Maharaja Mac? Well they do in India. Sales growth for MacDonald's Indian enterprises is 35 per cent per annum with 157 restaurants open now. Management have said they will more than double this in the next five years. This prospect may fill some of you with horror, but it is just one example of a much larger trend: the urbanisation of the developing world.

This is a highly promising investment theme that I have mentioned often in the past. There are many way to access it, including several specialist avenues. One of the most interesting is food - not just meats and grains but the whole supply chain "from field to fork", as the manager of the Sarasin AgriSar Fund likes ...

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