India's fund managers are a hardy breed. After all, they've had to persevere through tough times in recent years as a wave of regulatory changes and a significant slowdown in the economy have dented confidence and diminished assets. But lately, hints of a turnaround are in the air. The biggest change has come from New Delhi, where a ministerial reshuffle has raised hopes that the government will renew its commitment to economic reform after a period of stasis.The Congress Party-led United Progressive Alliance government had been embroiled in corruption scandals related to the staging of the 2010 Commonwealth Games, the awarding of mobile telecom licenses and cheap land grants, among other things.
展开▼
