“A large number of savers are turning investors,” said DP Singh, deputy managing director, SBI Mutual Fund. “Many of them are coming into equity mutual funds through systematic investment plans, to meet their long-term goals.”
Trade tensions, not BRICS, are the bigger threat to global stability: Geoff Dennis
Geoff Dennis, an Independent EM Commentator, dismisses the notion of BRICS posing a currency threat to the US, despite China’s desire for a stronger RMB.