A Going Global the Easy Way
International funds are gunning for your wallet promising theallure of foreign assets. Should you invest in them?
Nitya Varadarajan
All along only foreigners could play movers and shakers inemerging markets-buy stocks and exit at will for betteropportunities. If the Emerging Portfolio Fund Research shows thatthere were inflows of $23 billion (Rs 96,600 crore) into emergingmarkets between January and March 2006 and likewise an outflow ofinvestments of $1.67 billion (7,014 crore) from the same markets inthe January-March quarter of 2007, an Indian could only shake hishead in helplessness for not participating in this game.
No …
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