Shifting Perceptions of Risk

Jul 25, 2016

12:15 pm

Summary Perceptions of global risk are shifting. Domestically, valuations on the index are rising. We look at various factors in formulating our investment strategy ahead. A Shifting Landscape… Developed markets, by their very definition, are supposed to demonstrate stability, sound governance, transparency and lower risk. Throw that playbook out the window. Brexit shifted perceptions. We…

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Second Quarter Performance Attribution

Jul 5, 2016

6:04 am

Quarter end is the time we look into the rear-view mirror to evaluate trends and gain insights from past performance. The Nifty 50 Struggled to Deliver a Base 12 % Hurdle Return Over the Past 12 Months A 12% hurdle rate is an accepted long term return benchmark for Equities. For the Nifty 50, 16…

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Building Walls To Freedom

Jun 24, 2016

2:18 pm

Outlook In our June 6th commentary, we wrote: A Summer of Global Event Risk We advise caution on deploying new capital We advised the rally was weakening We advised our technical models suggested weakness ahead We advised markets were complacent and were entering a period of event risk We advised investors consider their risk exposures…

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REXIT, BREXIT

Jun 20, 2016

7:16 am

Summary Mr. Market is a manic depressive with huge mood swings, and you should bet against him, not with him, particularly when he is raving. – Barton Biggs With full and due respect to Gov. Rajan, one lesson we have learnt in 25 years of corporate life and markets is that no one is indispensable….

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