- Wealth PMS (50L+)
The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there (Premium subscribers only), pop us a note by replying to this email.
A brief summary of some of the interesting things discussed there in the last few days:
Investors last week poured the most cash into global equity funds since October last year and the second highest amount ever into emerging market bond funds, Bank of America Merrill Lynch said on Friday. (Link)
Some institutional investors have opted to buy, and more may do so, the recently issued warrants of HDFC, betting that prices of these instruments would rise quicker than ordinary shares of the mortgage lender. (Link)
Liberal housing loans, largess of public sector banks, wrong RBI policies, and the strange income tax laws are the reasons why real estate remains almost out of reach for majority of low and middle income families. (Link)
In a surprising recent move, India has served notices to 57 countries including the UK, Germany, France and Sweden seeking termination of bilateral investment treaties (BITs) whose initial duration has either expired or will expire soon. (Link)
Transport minister Nitin Gadkari asks Tesla to outline their proposals for entry into Indian market. (Link)
It is noteworthy that the credo of socialism and protectionism formulated by veteran trade union leader George Fernandes several decades ago is being echoed by Shankar Sharma today and that too in the midst of a raging Bull market and record levels of FDI inflows. (Link)
Beyond the West, trade ties are growing and deepening. (Link)
India’s biggest property market by volume has numerous projects stuck for years. What has led to this dismal situation? (Link)
The ARM deal would be the biggest-ever for SoftBank (Link)
Moody’s highlighted that high incidence of corporate loans in Yes Bank’s books could further worsen its asset quality. (Link)
This is Royal Enfield’s all-new 750cc parallel twin, which was spied for the first time many months ahead of an official launch.
The engine has been seen in earlier guises when it was slotted into a modified 500 chassis but this is the first time the modern retro rival for the Triumph Bonneville has been seen in something approaching production form. (Link)
Reduce exposure if uncomfortable with current valuations. (Link)
After a rally lasting more than a week, Nintendo Co. has pushed its market value past Sony Corp., fueled by global mania for the Pokemon Go game it backed. Nintendo’s value jumped above $39 billion Tuesday in Tokyo, topping Sony, and extending a run that began after the app become a viral phenomenon. On Friday, Nintendo set a record for the most shares ever traded daily in Japan. (Link)
Active vs Passive Investing – Link
Ashok Leyland, is it a Sell Short term? – Link
The New Market Wizards: Conversations with America’s Top Traders Audible – Link
The White Man in That Photo – Link
Weekly Review on Indian stock market indices– Link
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