Ex-banker who built financial empire warns of India’s complexity

Shah said companies such as Hindustan Unilever Ltd. show a commitment to India pays off. Shares of Unilever’s local Indian unit have surged over decades of being listed in the country. He said some global asset managers still see the market as too small for the effort required after some global firms exited their mutual fund businesses in India.

from Banking/Finance-Industry-Economic Times https://ift.tt/cdAwSEC