Race to become the vanguard of stock mkt is on ...Middle East

The Times of India - News
Race to become the vanguard of stock mkt is on
India’s $442 billion asset management industry is finally having to reckon with the passive investing juggernaut. After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6 million in the year to April.

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