India is experiencing a “technology revolution” by offering better investment options than China, according to Baillie Gifford’s Roderick Snell.
Snell runs a fleet of Asian focused portfolios at Baillie Gifford, including the £576.9m Pacific Horizon investment trust, which is currently more weighted to India than China (26.6% versus 20.9%). This is a slight step away from the Baillie Gifford house style, which has been openly bullish on the outlook for China for the past few years. China's growth has been strong the past decade and given it is one of the largest economies in the world, its development has a global influence. But recent headlines around China have been less cheery, as the government's commitment to ‘Zero Covid'...
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