2011 was a year of erosion of wealth. As Indian market crashed 24% in a year, many foreign investors have fled carrying a sore thumb. However, some experts feel 2012 may bring back some cheer.
Adrian Mowat, chief asian and emerging equity strategist, JPMorgan is bullish on emerging markets (EMs) in 2012. In an interview to CNBC-TV18, he said that bearish outlook on EMs is likely to change and investors are likely to get interested in these markets in the second half of 2012.
India too has some good news. Mowat believes that valuations are looking better after India
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