10:00 a.m.–10:30 a.m. (IST)
Opportunities In Global Markets
US Equities, led by the Big Tech companies have enjoyed a blistering run over the past decade. Current stock prices appear to be factoring strong growth over the next 5 to 10 years. Is this the new normal for valuations. Emerging Markets are a mixed bag with Russia and Brazil raising interest rates to curb inflation and homegrown Chinese companies face a backlash from regulators. European stocks have underperformed US counterparts over several years and valuations appear to be moderate. As a global asset allocator, where does Matt Wacher, CIO APAC, Morningstar, find opportunities in today’s market?
Matt Wacher, Morningstar / Moderated by: Dhaval Kapadia, Morningstar
10:45 a.m.–11:25 a.m. (IST)
Keynote Address: Indian Economy: Sweet Spot Or Inflection Point?
The Indian economy has weathered many blows—demonetization, the GFC, and the pandemic lockdown. The government has sharpened its focus on spurring economic growth. The strong measures to tackle NPAs will help tremendously, given that the accumulation of bad loans has been a constant stress over the years. The introduction of schemes to boost local manufacturing give an impetus to infrastructure spending, and enhanced welfare schemes will also help the economy regain its growth trajectory. This session examines the challenges and the road map toward unleashing the economy’s full potential.
Anantha Nageswaran, Writer, Author, Teacher & Consultant / Moderated by: Dhaval Kapadia, Morningstar
11:40 a.m.–12:30 p.m. (IST)
Panel: Megatrends That Will Change The World
Structural shifts have irreversible consequences on the global economy and the way we live. The last decade has seen tremendous technological innovation, which has fundamentally redefined businesses and changed the way we live and work. The fast pace of change means that this will only accelerate in the next 10 years. Experts from across the globe chip in on the major trends that will underpin the next wave of innovation: blockchain, cryptocurrency, electric vehicles, artificial intelligence, and automation. And, most importantly, fintech, where these trends are shifting gears faster than anywhere else.
Jay Schulman, RSM US / Mosam Daftary, Morningstar / Gaurav Rastogi, Kuvera / Seth Goldstein, Morningstar / Moderated by: Lawrence Johnson, Morningstar
12:45 p.m.–1:20 p.m. (IST)
In Conversation: Lessons, Learnings And Wisdom
As one of India’s most respected investment bankers, Manish Chokhani has led an organization that was the “house banker” to many of corporate India’s household names. Being an involved participant in the capital market and having seen it through many hues and phases, Chokhani brings a perspective that is packed with insight and knowledge. We discuss his journey, investment philosophy, learnings, and we look ahead at the emerging trends shaping India’s investing landscape.
Manish Chokhani, Enam Holdings / Moderated by: Kaustubh Belapurkar, Morningstar
1:20 p.m.–2:20 p.m. (IST)
2:20 p.m.–3:05 p.m. (IST)
In Conversation: The Hunt For A 100 Bagger
Ian Cassel, one of the most recognisable faces in the universe of microcap investors, believes that alpha is generated by being just a little different in a disciplined and thoughtful way. But what does that entail? What does it mean to be a “business analyst and not a stock analyst”? Sanjay Bakshi, one of the best contemporary and lateral thinkers in finance, grills him on the wisdom he shares.
Ian Cassel, MicroCap Club.com / Moderated by: Sanjay Bakshi, ValueQuest Capital
3:20 p.m.–3:50 p.m. (IST)
Presentation: Leveraging Climate Research In The Investment Process
The upcoming 26th UN Climate Change Conference and new regulatory developments and guidance in North America and Europe have placed renewed urgency on addressing global climate change. Given the rapid pace of market developments, what research and data are available to help investors meet their clients’ needs? This session will explore the latest market development and trends, review available carbon/climate data sources, and discuss the challenges of interpreting the broad and deep reservoir of new data.
Simon MacMahon, Sustainalytics / Moderated by: Imran Ustad, Sustainalytics
4:05 p.m.–4:45 p.m. (IST)
Stalwarts Speak: Prudent Investment Strategies
Individual asset allocators have their own unique style: a combination of a superior process, execution of an investment method with discipline, and successfully coping with psychological biases. We bring together two seasoned investors to discuss their winning strategy. They also will share how they perceive market differentiators as opportunities to make money.
Sunil Singhania, Abakkus / Moderated by: Himanshu Srivastava, Morningstar
Madhusudan Kela, MK Ventures / Moderated by: Chintan Mehta, Morningstar