Us Funds Pro-India, Says Goldman Sachs

But regional funds which were hit by redemptions and suffered more from the south-east Asian collapse held a different view, it said. To them, India appeared less attractive either because east Asia would go down further dragging India with it, or because east Asia would bounce back leaving India in its wake." The study said "The overall impression was positive" because the US investment community consisted of more global emerging market money than dedicated regional funds.