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Entries Tagged as 'Investing'

Mark Mobius on Emerging Markets

July 25th, 2008 · No Comments

Experts on emerging markets are far and few between. One of the big boys is Mark Mobius of Templeton.  Mobius has spent over 40 years working in emerging markets and picking stocks while most others were still picking their noses in school. I had a chance to hear him speak back in Oct 2007 in [...]

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Tags: India · Investing

Portfolio Strategy

July 16th, 2008 · 1 Comment

The current financial meltdown may not be the best time to talk about asset allocation since most people don’t want to open their monthly statements to see how bad the carnage is.  But, at some point you have to open them up and figure out where the damage is and potentially re-allocate. So how should [...]

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Tags: Investing

Feeling Down?

July 12th, 2008 · 2 Comments

Someone emailed me yesterday and asked “why does your blog have such a negative angle on India?”  Part of me wanted to just tell the person to read the headlines and tell me what they see.  Americans always get blamed for not knowing anything about anything outside of the United States. Many Indian’s suffer the [...]

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Tags: Business · Investing

Ridham and Blues

July 10th, 2008 · No Comments

Ridham Desai, MD of Morgan Stanley India, has been appearing on the financial networks lately talking about the Sensex correcting by 50% form their peak levels of 21000.  If that is true we still have another 30% to go…ouch.  Over the past 4 months he is one of the few guys setting realistic expectations for the [...]

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Tags: India · Investing

Another Indian Quant Fund

July 5th, 2008 · No Comments

Reliance Mutual Fund (part of Anil Ambani’s empire) had recently converted a couple index funds (Sensex and Nifty trackers) into a single “quant fund.”  Since I’m a hugh believer in Index funds, it’s a disappoint to see Reliance shutdown that investment strategy…but its business.
The new strategy has been running since mid April and to make [...]

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Tags: Investing

Indian Quant Fund

July 1st, 2008 · 1 Comment

Back in December 2007, Lotus India Mutual Funds launched India’s first “quant fund” called the Agile Fund.  I use the term “quant fund” lightly when talking about Agile because it’s really an equity mutual fund dressed up.  Most people would agree that a typical “quant fund” selects securities based on quantitative analysis, in agile they do [...]

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Tags: India · Investing

Financial Comedy

June 29th, 2008 · 1 Comment

Watching the Indian financial networks lately is better then watching the latest comedy flick.  The talking heads are just trying to say something positive but the reality is there is nothing to say. My favorite was on Friday when an HSBC analyst said “inflation could hit 15% but growth should not be impacted much.”
Are you kidding [...]

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Tags: Investing

Indflation

June 20th, 2008 · 1 Comment

The Sensex was down over 515 points today to hit a low for the year - 14571.29.  The reason for the bearish performance was inflation, the gov’t announced inflation was 11.05% a 13 year high mainly on the back of increased gas prices.
But the fun doesn’t stop there, several people I’ve spoken to are putting their [...]

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Tags: Business · India · Investing

Derivatives Deja Vu

April 27th, 2008 · No Comments

I just raced through the latest book from Satyajit Das titled “Traders, Guns and Money” and you would think it was a year in review on the global financial markets…WRONG.  The book was penned in 2006 and describes his last 25 years in the derivatives market which happens to be what is ailing most investment [...]

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Tags: Books · Investing

DMA…Welcome to India

April 5th, 2008 · 2 Comments

At last the Securities & Exchange Board of India (SEBI) has agreed to allow Direct Market Access (DMA) which will facilitate wire speed Straight Through Processing (STP) on the exchanges. If the previous sentence is as difficult to understand as Kevin Federline’s role in life then you may want to pass on this blog [...]

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Tags: India · Investing · Technology