FOX Partner Webcast: Investment Opportunities in India; Investors Will Find Plenty of Opportunities in the World’s Largest Democracy - March 30, 2023

Please join us on Thursday, March 30, from 10:00 am to 11:00 am CT, for a live interactive webcast with FOX members and subject matter experts.

Investors have long understood the value of seeking geographic diversification but, family offices have probably not fully appreciated what many other institutional investors such as pension funds already understand — the potential of seeking some of that diversification in India.

Please join us for a discussion with IIFL Asset Management’s CIO, Anup Maheshwari, to highlight India’s economic track record, potential for growth and low correlation with western economies.

“India represents a consumer-driven economy, with almost 85 percent of the economy in the domestic sector. The economy isn’t export dependent and much of it is devoted to traditional business sectors serving consumers - financial services, IT services, pharmaceuticals and automobiles. A drive for inclusion in the country’s financial system has seen more than 500 million citizens, many in rural areas, open their first bank account in recent years. That’s broadened opportunities for entrepreneurship through increased access to capital, as well as expanded retail credit to encourage consumer activity and participation in the equity market.” 

With global investors staring at slowdowns in developed markets and with China facing a myriad of issues that won’t be going away any time soon, there has arguably never been a better time to understand the opportunity set (and inherent risks) in India, especially for investors that are seeking growth. 

The government of India estimates recent GDP growth at about 7 per cent for the one-year period ending March 31, 2023, one of the highest among large economies. An increasingly affluent young consumer class continues to drive that growth. More than 60 per cent of the country is under age 30, assuring a continued demographic dividend.

Individual Indian companies are heavy hitters. A research report from IIFL Securities, on which IIFL AMC collaborated, notes that 156 companies in India’s BSE 500 have compounded in value by 20 per cent or more annually over the past 20 years. The same could be said for only 35 companies in the U.S. S&P 500, five in China’s Shanghai Composite Index, and two in Japan’s Topix 500.

There’s a long runway ahead for India, as its sustainable growth path propels the country from the fifth to third largest economy in the world — and ample opportunities for family offices to add value to their portfolios. 

Please click on the Register button below to sign up for this webcast. A replay of this webcast will be available to members approximately three weeks after airing. 

You may contact the Events Team with any questions at events@familyoffice.com
 

Please note CPE credit is not offered for this event.