India’s biggest fund manager watches soap and detergent sales, not GDP, while investing — Quartz

A country’s GDP growth is a key indicator of the state of its economy, but India’s biggest fund manager has no time for it. For, S Naren, executive director and chief investment officer at ICICI Prudential Asset Management, has other things on mind. “I’m not an economist, so I don’t understand the GDP numbers,” Naren,…

via India’s biggest fund manager watches soap and detergent sales, not GDP, while investing — Quartz

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