Bullboard - Stock Discussion Forum Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s): FFXDF

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India... see more

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Fairfax India Holdings Corp > Bloomberg Article

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Post by cactionalpha on Jan 23, 2020 2:30pm

Bloomberg Article

Thanks ICUMD14

The Indian stock market is set to see billions of dollars of inflows after a policy tweak comes into effect on April 1, analysts predict.

The nation will increase the foreign portfolio investment limit in a company from the current 24% to a higher threshold set for its sector. In addition to the expected inflows from active asset managers, the move could trigger net investments of between $2 billion and $2.5 billion to Indian equities from passive funds, according to estimates from Target Investing and Morgan Stanley

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