How to Invest in India After the Election: Expert's Insights
Outperforming fund manager reveals how to invest after India's election. The portfolio manager and head of quantitative research at Causeway manages its Emerging Markets Fund and International Opportunities Fund.
Volatility and Opportunities in Indian Markets
It's been a volatile time for Indian markets following Prime Minister Narendra Modi's failure to secure an absolute majority in the general election. Despite the unexpected results, Arjun Jayaraman of Causeway Capital Management remains confident about India's prospects. He considers India his top pick among emerging markets, emphasizing that "volatility may provide repositioning opportunities."
Understanding Emerging Markets
In a conversation with CNBC's Tanvir Gill, Jayaraman will discuss strategies for navigating investments in India and other emerging markets. As the portfolio manager and head of quantitative research at Causeway, he oversees the Emerging Markets Fund and the International Opportunities Fund.
Fund Performance Highlights
Both funds have shown impressive performance:
- The Emerging Markets Fund has risen 13% compared to the MSCI Emerging Markets' 3.5% over the year to May 31.
- The International Opportunities Fund is up 9.6% year-to-date versus the MSCI ACWI ex-U.S.' 6.1%.
While these funds focus on emerging market stocks, the International Opportunities Fund also invests in stocks of companies from developed countries outside the U.S.
Top Stock Picks Across Funds
Jayaraman will also share his favorite stocks, which include a diverse range of sectors:
- Big Oil stocks and pharmaceutical firms in the U.K.
- Renewable energy companies in India.
Conclusion
Investors looking at emerging markets, particularly India, can benefit from Jayaraman's insights and strategies. His expertise in managing successful funds at Causeway Capital Management provides a valuable perspective on how to navigate and capitalize on market volatility.
Stay tuned for more updates and expert advice on investing in India's dynamic market landscape.
