Investors positive on India in long-term despite some short-term disruption, say global experts at India Investment Conference

Image
ANI New Delhi [India]
Last Updated : Jan 18 2017 | 5:13 PM IST

CFA Society India hosted the 7th India Investment Conference on 13 January, 2017 at the Taj Lands End, Mumbai. The theme for this year's conference was 'Searching for Alpha in a Divergent World'. Nearly 500 investment management professionals attended the conference, which focused on the challenges faced by the Indian investment management industry.

"India's GDP growth to remain strong. Expect strong GDP numbers for India in the next 15-20 years," said Sunil Singhania, CFA, CIO - Equity Investments, Reliance Nippon Life Asset Management Ltd., who was part of an insightful panel discussion on asset allocation.

Jayesh Gandhi, CFA, President, CFA Society India (volunteer) and Senior Portfolio Manager, Birla Sun Life Asset Management Company, aptly summed up the 7th India Investment Conference: "Against the backdrop of global uncertainties, conference delegates heard prominent geopolitics and policy experts, economists and fund managers who presented alternative perspectives to investment themes, asset allocation strategies, business opportunities and challenges. We are excited to see the continuous growth of this conference and look forward to closer collaboration with industry professionals who left with many new themes and ideas."

What industry says:

"We are relatively positive on India because we think that the underlying reform agenda will remain in place. There has been a setback with this demonetisation decision but it will ultimately pay off," said Peter Berezin, Chief Strategist, BCA Research.

"The overall investment scenario for India looks good. Companies with high equity returns will be benefitted most." - Heather Brilliant, CFA, Chief Executive Officer, Morningstar Australasia

"Financial advice should be focused around three major areas - accessibility, intelligence and alignment." - Jonathan B. Stein, CFA, Chief Executive Officer and Founder, Betterment

"India has great potential and should mobilize its resources to build infrastructure along with focusing on tangible targets." - Andy Xie, Independent Economist.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2017 | 5:07 PM IST

Next Story