Individuals that are looking for a place to invest their funds in the emerging markets have been advised by Barings that the Indian healthcare sector is currently offering some interesting options.
Last week, Barings Asset Management announced the launch of the Barings India Fund, which will be managed by head of Indian Equities Ajay Argal.
Offering his tips on the best places to invest funds in the country, Mr Argal said there are a number of attractive opportunities currently presenting themselves in the healthcare sector.
He noted many of these companies often have a good cash flow and high earnings visibility, as well as also being attractive from a bottom up perspective, as India is the home to many major pharmaceutical companies.
"Such firms not only enjoy a strong position in the domestic market, but are increasingly exploiting India''s cost advantage to expand into the US generics market, which offers huge growth potential," Mr Argal added.
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