On this episode of the podcast, host Stuart Fieldhouse catches up with James Thom, Senior Investment Director with Aberdeen Investments in Singapore, to talk about the Indian stock market. James is also responsible for the abrdn New India Investment Trust [LON:ANII] and shares with us some valuable perspectives on Indian markets.
Indian markets have been running red hot in 2024 and we talk about whether this growth is sustainable, the massive market for IPOs and the important role played by India’s rural economy in the overall growth story. James also discusses the sectors he likes the best and how he goes about choosing stocks for the trust’s portfolio.
We round off the podcast with a more general discussion on the relative merits of a team-based approach to asset management, rather than having one start manager in charge of a fund.
- The role of an investment trust board and the importance of effective oversight
- Investing in Asia: the merits of a true investment journey
- Investing in an uncertain world: is risk properly understood?
Listen: What lies ahead for Indian stock markets?
Content
00:00 Intro to the abrdn New India Investment Trust
01:40 Why should investors look at India?
03:40 Is India’s growth sustainable?
06:16 The importance of India’s rural economy
09:10 The hot India IPO market
11:34 Which sectors look the best right now?
14:44 How do you select Indian stocks?
17:03 Star fund managers vs a team-based approach
