Barings favours Indian healthcare and telecoms

Explaining his investment strategy, Argal says, "There are a number of attractive opportunities in healthcare where firms generally have good cash flow and high earnings visibility. We believe the sector is also attractive from a bottom-up perspective, with India home to a number of world class 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.” And backing up his interest in the Telecom sector, Argal has this to say....