Indian Economy

[nwoodman]

MS with a positive spin (see attached)

 

“The broad market is drawing down rapidly as the bid has faded

despite improving fundamentals. While catching the bottom is

difficult, we think buying Indian equities could prove rewarding.”

INDIA_20250217_1001.pdf

[TwoCitiesCapital]

So I was curious and tried looking at a number of Indian names on IB and am realizing IB doens't give me direct access to the Indian markets. 

 

I know at one point you had to register as a foreign investor if you had like $50 million in AUM, but is there still no other way to access the market as a non-resident/non-citizen? 

 

I'm not one to argue for premium valuations on CEFs, but if access can be had by certain parties, perhaps it DOES garner a premium for Fairfax India. At least no discount for the fees it charges since you're essentially buying admission to the markets you can't get otherwise.