ETMarkets Investor’s Guide: $ 3 Billion Asset Manager Shares Mantra for Ensuring Consistent Returns
Welcome to the ETMarkets Investor Guide, the tradeshow on asset classes, market trends and investment opportunities. It’s Sandeep Singh.
The investment management industry can be cruel. Today’s winners are forgotten tomorrow, but the industry rewards consistency.
TCG Asset Management’s Multicap Fund has consistently beaten the market and generated returns of 26% in five years, one of the highest among portfolio management systems of this period.
ETMarkets’ Chiranjivi Chakraborty meets with TCG Asset Managing Director Chakri Lokapriya, who overlooks $ 3 billion worth of assets under PMS and hedge funds, to figure out the secret to outperformance from TCG and his take on the biggest issues in financial markets today.
Q. Your five-year track record is the best in the business. What does it take to perform as well as a PMS?
Q. We have seen a resurgence of interest this week in “unlocked” areas. Is this the perfect place to outperform?
Q. Globally, the demand scenario looks dynamic, led by developed economies, but in India growth is increasingly vulnerable. Are you worried that India will be left behind in the post-COVID global economic boom?
Q. Despite your background, I have to ask you the question: Do you regret missing out on a sector or stock in the past 12 months, or do you regret exiting too early?
Q. Finally, we’ve seen some bizarre things happen in the investment world since the start of the pandemic. What’s the craziest investment story you’ve seen during this time?
Thank you, Mr. Lokapriya and Chiranjivi. it was indeed an insightful conversation.
That’s all in this week’s edition of the ETMarkets Investor Guide. Check back next Saturday for this weekly special. You can check out our regular stock market podcasts twice a day of the week.