India was one of the worst markets in the last quarter of 2016. The Fund moved in line with the market, thereby erasing all of the gains made throughout the year. In a bold move to fight the huge black market and counterfeit currency, Government of India demonetized...
In the third quarter, Indian markets continued on an upward trajectory, registering a 4.6% gain for the quarter and a 6.1% gain on a YTD basis. The major news for the broader Indian economy during the quarter was the passing of the long-heralded Goods and Savings Tax...
It has been two years since Narendra Modi came to power and has been leading the Indian Government to solve bottleneck issues that can propel the country’s economy forward. The second quarter proved to be one of the busiest periods for the Indian parliament as they...
With the SENSEX down 2%, the Fund under-performed slightly given the intense pressure engulfing Emerging Markets over the past three months. Despite showing resilience, Indian markets still fell in single digit numbers. One of the reasons of this resilience is that...
Looking back at the past two decades, we can pick and choose numerous economic crises or market crashes that have re-shaped the global financial sector and fund industry to what it is today, ranging from the Asia FX crisis, the LTCM debacle, the dotcom bubble, the...
Bloomberg: You can count Jefferies Chief Market Strategist David Zervos among the investors who thinks this emerging market rally has legs. A cautious Fed, a rebound in oil prices, strong inflows, and country-specific factors like Brazil’s seeming move to stamp...
