Fund managers give their verdict on Prime Minister Modi's first year in power.
Funds with significant exposure to India have topped the performance tables over the past 12 months as a victory for reformist Prime Minister Narendra Modi sent the country's stock market soaring. But as the market begins to fall back, managers say Modi will have to pick up the pace of reform if India is to outperform once more. Modi, leader of the pro-business Bharatiya Janata Party, won last year's election with the biggest victory for any single party in 30 years with 282 out of 543 seats. The key man risk associated with India's economic recovery The BSE Sensex soared by...
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