Singapore -- Fullerton Fund Management, a unit of Singapore state investor Temasek Holdings (Pte) Ltd, says progress in economic reform is encouraging it to invest more in China, and that slow progress in India is prompting it to invest less.
China has pledged to make the most sweeping economic changes in nearly three decades, which could benefit sectors such as consumer, infrastructure, insurance and clean energy, Fullerton Chief Executive Manraj Sekhon said at the Reuters Global Investment Outlook Summit on Wednesday. Full story
