India: a shining star among emerging markets
India has been a shining beacon for emerging markets this year. As the country celebrates Diwali, the festival of lights, Kristy Fong examines the factors that set India apart.
abrdn New India Investment Trust held an online presentation on Thursday 14 September. The event took the form of a short introduction from the Chairman, Michael Hughes, followed by a more detailed presentation from the Manager, Kristy Fong. There was also an opportunity to ask questions. A recording of the event is available below.
First-hand quality seeker: intensive first-hand research and regular company engagement help us to identify world-class organisations that we believe can deliver sustainable long-term growth and weather Indian market volatility.
Independent-minded investor: we are not afraid to be different by focusing on those companies and sectors that offer sustained potential to share in India’s long-term growth story, regardless of their index or sector weightings.
Governance champion: we actively engage with companies to improve the treatment of minority shareholders and reject companies we perceive to have poor management, regardless of their short-term momentum or high market profile.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.