If Japanese fund house Nomura, reported to be mulling an exit from the Indian market, does exit, it will be the tenth foreign fund to do so in the past seven years. What does this entail for the handful of foreign funds still fighting it out in the market? Can investors continue to rely on them to manage their money, or is it time to look at making a conscious switch to a domestic fund house? Leaders and laggards Foreign fund houses are no slouches when it comes to performance. There are a handful of foreign fund managers which really stand out from the rest. Franklin Templeton, BNP Paribas , Mirae Asset and JP Morgan, especially, have churned out good numbers. One of the early...
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