In the Media
City A.M – The Notebook: Where are retail investors putting their money?
Victoria Scholar, head of investment at Interactive Investor, takes the Notebook pen to talk retail investors, Ozempic’s fat profits, and the UK’s inflation forecast
Trustnet: UK investors buying India funds must account for a 3% annual depreciation
Investing in emerging markets has always meant taking on more risk, whether it be from geopolitics, different economies or currencies.
That’s also true for India, where perceived geopolitical risks include the outcome of the ongoing elections, its relationship with Russia and environmental, sustainability and governance (ESG) issues.
Sunday Times: There are more than a billion reasons to invest in India
In this article, Ian Cowie looks at India’s rapid economic ascent under Modi, as well as the upcoming elections, and the recent modernisation efforts, in particular the Aadhaar digital identification system. He also highlights that
“The medium and smaller companies specialist, India Capital Growth (IGC), achieved 31 per cent over the past year, 78 per cent over five years and 312 per cent over a decade, while the more blue chip or big company-focused JP Morgan Indian (JII) delivered 19 per cent, 27 per cent and 151 per cent.”
Trustnet: The fourth-best trust of the decade: Why India shouldn’t be clubbed in with other emerging markets
Gaurav Narain, fund manager, explains why India deserves a specialist allocation in portfolios and defends the market’s expensive price tag.
Citywire Investment Trust Insider: India and US ‘need each other more than ever’
Recent technology deals between the two countries are a turning point in relations, driven by the increasing threat of India’s bellicose neighbour, says top-performing fund manager Gaurav Narain.
Interactive Investor: winners and losers in my ‘forever fund’ in second quarter of 2023
In this interesting and informative piece, Ian Cowie highlights the top three and bottom three performers over the past three months among the 19 investment trusts he has his own money in. India Capital Growth is in his top three performers.
Investors’ Chronicle – Shares I love: PI Industries
David Cornell, CIO of Ocean Dial Asset Management, which runs India Capital Growth Fund (IGC), explains why he invests in agrochemical company PI Industries.
Interactive Investor: I’m in danger of falling in love with my first 10-bagger
While all eyes have been on the UK this week, new data shows India has leapfrogged Britain’s economy. Read what Ian Cowie has to say about it.
WealthBriefing: India’s Investment Power Can’t Be Ignored
Tom Burroughes, Group Editor at Wealth Briefing speaks to Ocean Dial CIO David Cornell about the ‘investment case’ for India and what types of investments should sit in a wealth managers portfolio.
Trustnet – The manager who claimed he could make 40 per cent in the rebound – then trebled it
Trustnet covers India Capital Growth Fund’s rally following the market correction in March 2020 and speaks with David Cornell regarding the Fund’s future prospects.
International Investment – Corporate India is resilient despite sobering Covid challenge
Writing for International Investment, David Cornell offers an outlook on how corporate India will fare in light of the country’s second wave of infections.
Citywire – India Capital Growth soars 134% in India’s Covid crisis
Citywire reports on India Capital Growth Fund’s ‘stunning turnaround’ as it outperforms the market and its peer group over the past 12 months.
CityWire – India Capital Growth starts turnaround as crisis worsens
‘The last six months have probably been the most active in the fund’s history’ – CityWire reports on India Capital Growth Fund’s key portfolio changes and improving performance since the start of the pandemic.
UK Investor Magazine – Capturing India’s economic expansion with India Capital Growth Fund
UK Investor Magazine’s podcast features David Cornell. They talk investing during the Covid pandemic, India’s digital scene and the country’s recovery prospects compared with its EM peers.
Investment Week – Covid-19’s supply chain reaction is set to leave India a winner
Writing for Investment Week, David Cornell examines recent supply chain disruption and how India could benefit from a new global order.
QuotedData – India Capital Growth management team strengthened
India Capital Growth Fund’s management team announces that it is strengthening its team, with the addition of Tridib Pathak who will join as co-Head of Equities alongside Gaurav Narain.
Rediff.com – Economy: ‘Modi’s the right man for the job’
In this interview with Rediff.com, David Cornell offers his thoughts on Modi’s reputation as a ‘reformer’, why India is an attractive destination for investors, and where he is currently seeing value in the market.
Fundeye – India Capital Growth Fund manager remains bullish on the country despite the slowdown
Speaking to Fundeye, David Cornell discusses the investment process for the Trust and offers his outlook for India in light of the recent slowdown.