This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+181214
Categories:Investments

Insynergy waits for public to catch up on India

  • Print
  • Comment

Insynergy Investment Management is considering launching a specialist themed India fund once consumers become more comfortable investing in the country.

The firm, which outsources mandates to asset managers with expertise in certain areas, already has one India offering. The £3m Insynergy absolute India fund launched in June 2010 and is run by Reliance Asset Management.

Insynergy managing director Spike Hughes says: “We might look at a specialist sector India fund with Reliance, but we need to wait until more investors catch on to India first. The big themes in India at the moment are agriculture and infrastructure.”

Hughes says the analytical tools on platforms discourage some advisers from investing in India. He says: “The models that advisers use on platforms, put together by actuaries, are backwards-looking, taking into account 50 years. Only five out of the last 50 years have been good for India, so it may take five to 10 years for India to take off.”

Equilibrium Asset Management investment manager Mike Deverell says: “India looks like a good place to invest as the economy seems to be growing fairly strongly and inflation seems under control.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Two years on from the RDR, do you think consumers are better off as a result?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments