India has one of the fastest growing economies in the world and India Capital Growth (IGC), the only London listed fund with a portfolio of predominantly small and mid-cap Indian companies, is positioned to benefit from that growth. The investment adviser likens the fund to a “compounding machine”. He aims to identify reasonably rated but growing, cash-generative companies that reinvest their cash flow and hold them until their rating is no longer justified by their growth prospects.After a lon...
”‹India has one of the fastest growing economies in the world and India Capital Growth (IGC), the only London listed fund with a portfolio of predominantly small and mid-cap Indian companies, is positioned to benefit from that growth. The investment adviser likens the fund to a “compounding machine”. He aims to find reasonably valued but growing, cash-generative companies that reinvest their cash flow and hold them until their rating is no longer justified by their growth prospects.After a long...
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