India is the world’s sixth-largest economy and its fastest growing, yet very little investment attention is directed towards the market. I spoke with Deepak Ramaraju, principal advisor for the Sanlam India Opportunities feeder fund, to better understand the potential. He points out the stable political and economic market has great potential with some giant regional companies such as Hindustani Unilever for investors.
Tongaat Hulett got shareholder approval for its massive rights issue, and I spoke with independent analyst Jimmy Moyaha about whether the stock has potential. He likened it to Steinhoff which he said took many years to get its business operational and profitable again and suggests investors are better off waiting for better clarity from Tongaat.
One of the challenges with investing is finding the right strategy. I spoke with Keith McLachlan of Integral Asset Management and he points out that there is no one strategy that is right for everybody. We all need to develop our own strategy and importantly it needs to be one that lets us sleep well at night.
Every year large global investment houses put out their expectations for the year ahead. Schalk Louw of PSG Old Oak read through them and worked out a consensus which he shared with us. The main trends are rising inflation and interest rates and their impact. Commodities also featured high on the list with most global investment houses agreeing that the run is not over.
Also this week:
Revix CEO and founder Sean Sanders on cryptos being under pressure and his expectations for 2022.