Are you bullish on the prospects for Asian DRs this year
Nanavati It's very hard to find years where markets as a whole run up 70% to 80% back to back. Individual stocks might, but markets tend not to. But even if the returns were half that it would be a very positive market. But a lot of people think this year's market will not be as buoyant as last year. A lot of deals are currently predicated...