"We have become profound cynics on India," says fund manager Hugh Young, eyeing the 7% rise in...

|By:, SA News Editor

"We have become profound cynics on India," says fund manager Hugh Young, eyeing the 7% rise in the Sensex since major economic reforms were announced. "We hope it's all true, but let's wait to see what actually happens ... having been investing in India for 30 years, one learns the value of having a very thick hide." EPI +20.3% YTD.