India Investment Conference
At the 6th India Investment Conference in Mumbai, sessions discussed the challenges and opportunities facing the investment management industry in India.
Bob Browne, CFA, of Northern Trust, reflects on the 1998 Russian financial crisis and offers some valuable lessons for investors today.
India recently played host to a CFA Institute investment conference in Mumbai, in partnership with the Indian Association of Investment Professionals and the country's National Institute of Securities Markets. The event featured three internationally renowned speakers who presentations on the challenges of investing are highly relevant to investment practitioners everywhere.
In a presentation at the India Investment Conference, Roger Urwin, global head of investment content and advisory director at Towers Watson, reviewed the three challenges of investing that have been intensifying in recent times.
To say that last year was annus horribilis for the Indian economy is an understatement. With inflation above 9%, the Reserve Bank of India raised key interest rates several times only to see GDP growth projections drop to the 6%–7% range. Nonetheless, a panel of financial executives felt sure that with a few policy tweaks the year 2012 will be better than 2011.