prasad1
Active member
Popular American businessman, investor and author Jim Rogers has finally lost his cool on the Indian growth story.
The iconic commodity trading guru and hedge fund manager, whose comments are closely followed by market participants globally, in an interview to a leading Indian business channel on Wednesday said that he was no longer investing in India.
In a brief telephonic conversation on the channel, Rogers said:"We all had banked on Mr (Narendra) Modi's approach. But, unfortunately nothing has happened in the last 15 months. We can't just invest on hope".
To a question on what was the nature of his investment in India, Rogers replied saying his investments are of long term nature.
Rogers is co-founder of the Quantum investment Fund and the creator of the Rogers International Commodities Index (RICI).
http://www.sify.com/finance/disappo...or-dumps-india-news-market-pjdl0Ujjiaicj.html
The iconic commodity trading guru and hedge fund manager, whose comments are closely followed by market participants globally, in an interview to a leading Indian business channel on Wednesday said that he was no longer investing in India.
In a brief telephonic conversation on the channel, Rogers said:"We all had banked on Mr (Narendra) Modi's approach. But, unfortunately nothing has happened in the last 15 months. We can't just invest on hope".
To a question on what was the nature of his investment in India, Rogers replied saying his investments are of long term nature.
Rogers is co-founder of the Quantum investment Fund and the creator of the Rogers International Commodities Index (RICI).
http://www.sify.com/finance/disappo...or-dumps-india-news-market-pjdl0Ujjiaicj.html