He also discussed some key factors for managing funds:
- Understanding the pulse of the economy and where the economy is directed.
- Understanding the Global flows across asset classes.
- Understanding the changing laws and regulations in major regulated sectors (Telecom, Banking, Oil and Gas)
- Understanding specific company, sector trends and shift.
- Understanding Global trends in major Global oriented sectors such as metals, IT, healthcare.
When asked by a participant about the effects of other economies on Indian economy, and which major countries to keep a watch on – Mr Srivatsa pointed out that US and Europe are big influencers but China affects the commodities and asset prices to a large extent.
Impact of various economic variables - fiscal deficit, interest rates, BOP, inflation - was also focussed upon. Along with the detailed discussion on when to go short (or sell) or long (or purchase), the factors for buying securities, the defensive, discretionary, cyclical and growth sectors were focussed on.
The session concluded with case discussions on TCS, Amara Raja Batteries Ltd. And BHEL, focussing on key challenges in fund management, attributes of a good fund etc.
Follow IIM Indore Mumbai Campus at iimindoremumbai.insideiim.com
Comments