Investment Insights 

FSSA Investment Managers - India Equities Update

May 2019 

A worried client asked us recently, “Will Mr Modi be re-elected, or won’t he? How will the ongoing elections impact the investment case for Indian companies?” We don’t know whether Mr Modi will be re-elected. But we strongly believe that the results of the election will have little bearing on the long-term investment case for Indian equities.

FSSA Investment Managers - India Equities Update

July 2018 

Over the last few years, valuations have generally become expensive in our universe of quality companies. Valuations reaching these levels remind me of the mistakes I made running into the 2008 crash.

Please click here for more details >

FSSA Investment Managers - India Equities Update

October 2017

Household savings in India has always been a big number (~US$500 billion) and only a small part of it was in financial instruments, let alone equities. The demonetization exercise in November 2016 encouraged the shift of household savings into financial assets.

Please click here for more details >

FSSA Investment Managers - India Equities Update

September 2016

In previous updates, we discussed the impact of generational changes amongst the owners of our holdings. We continue to monitor such developments very closely and, encouragingly, have encountered a number of positive changes in some of the companies that we have been watching. In this latest update on India, we highlight a few companies that we have taken stakes in as a result.

Please click here for more details >

FSSA Investment Managers - India Equities Update

February 2016

Imperfect companies in India - we find faults in our portfolio holdings and explain why we still consider them to be good investments.

Please click here for more details >