MODI’S ANNOUNCEMENT India’s Prime Minister Mr. Narendra Modi in an unprecedented, surprise and historic move to curb black money announced the scrapping of currency notes of Rs.500 and Rs.1000 denominations effective midnight of 8th November 2016. These denominations account for over 80% of all currency in circulation by value and potentially constitute 40 to 50% of […]
PM Modi’s War on Corruption Read More »
November 10 2016
EVENT: INDIA’S SURGICAL STRIKES AGAINST TERROR CAMPS IN POK Setting aside its normal restraint and the respect for the line of control (Official Border) between India and Pakistan, the Indian army conducted surgical strikes against terrorist camps operating inside Pakistan occupied Kashmir (POK) in the early hours of Thursday 29th September 2016, establishing its right to
Event Update: India’s decisive action against terror Read More »
October 02 2016
India is rapidly changing. Perception is often not reality and stereotypes are quickly becoming outdated. In this research note we identify 10 key things that investors ought to know about India. India’s equity market is bigger than you think! Unhedged exposure to the rupee provides no added risk Corporate governance on it’s way to best
10 Things You Should Know About India Read More »
August 25 2016
Modi’s Reform Agenda Gets a Big Push: India’s upper house of parliament, the Rajya Sabha approved on August 3, 2016 the constitutional amendment bill for the Goods and Services Tax.The passage of the bill after more than 18 months of tough negotiations reinforces Prime Minister Modi led NDA governments commitment to reforms, particularly given the
One Nation, One Tax: India takes a Giant Step towards Goods and Services Tax (GST) Read More »
August 05 2016
Technology is fundamentally transforming businesses in every industry around the world. Advanced software technologies are fuelling the rapid digitization of business processes and information, disrupting traditional business models.For organisations, from an IT perspective, this translates to keeping existing legacy systems relevant, enabling legacy systems for mobile and sensor access, extracting value out of digitized data,
Indian Technology Sector Read More »
July 13 2016
A large part of India’s long term growth potential is driven by its youthful demographics, entrepreneurial culture and significant and growing labour force. This is particularly pertinent given weak global growth and rapidly aging labour force in many developedcountries around the world today. Click Here To Download The Research Paper
A Prosperous Economy in Waiting Read More »
July 01 2016
India’s RBI Governor Dr. Rahuram Rajan’s Message: RBI governor Dr. Raghuram Rajan in his message to RBI staff on June 18, 2016 conveyed his decision to move back into academics after his term ends in September 2016.Dr. Rajan said that “while I was open to seeing these developments through, on due reflection, and after consultation
R-Exit: The exit of RBI Governor Dr. Raghuram Rajan Read More »
June 28 2016
History tells us that mutual fund managers domiciled locally in India have been able to generate sustainably strong alpha over their respective benchmark. In this paper we consider the structural reasoning behind this and if it can be implied sustainably in the future. Whilst our assessment of alpha generation is built on rolling three-year periods,
Why India Is a Robust Alpha Market Read More »
June 01 2016
Why should investors care about corporate governance? Aren’t stock prices of companies driven by their products, people and market opportunity, which drive their revenue and profitability? Whilst some of these factors are direct relationships to a company’s share prices, each business needs to have the appropriate structure in place for making decisions.The rules, systems, process
Capturing the Governance Premium in less Developed Markets Read More »
April 23 2016
Infrastructure bottlenecks are a common hindrance to doing business in India. Productivity suffers due to overstretched road, rails, ports and regular power outages. The current government under the leadership of Prime Minister Narendra Modi has identified infrastructure as one of its key areas for driving the economy and has stepped up spending in roads, railways
India’s Infrastructure Push Read More »
December 10 2015
India Avenue is a boutique investment management firm providing investment solutions that allow our clients to benefit from India’s remarkable growth story.
OUR BUSINESS
2005
The journey towards the “birth” of India Avenue originated in 2005, when ING Investment Management started a business in India as a separate division, utilising a practiced multi-manager philosophy in markets like Australia, and exported it to India. Three of our founders, Mugunthan Siva, Rajeev Thakkar and Sajjan Raut Desai worked together for INGIM (India), building investment strategies and structures, under this philosophy and applying them to Indian capital markets
2011
In 2011 our founders started discussing the possibility of building an investment firm with a capability to provide a focus on India as an stand-alone investment jurisdiction for foreign investors. The founders identified Australia and New Zealand as nascent markets for investing in regional locations, with the potential to accelerate given education and insights which the firm could provide.
2015
By 2015 the group of founders decided to work full-time on this concept to bring it to life. They did this by leaving their existing employment, thus exercising high conviction in the investment region of India as a long-term structural story for investors in Australia and New Zealand. Thus, the firm India Avenue Investment Management was registered and came to life in 2015 in Sydney, Australia.
2016
After building our business for a period of 12 months, our first fund, The India Avenue Equity Fund was launched on 6th September 2016, with strong service provider partners like Equity Trustees (RE), Mainstream (Fund Administrator), KPMG (Fund Auditor) and BNP India (Custodian).
NOW
India Avenue is now a boutique investment business firm, with clients spread across family offices, high net worth individuals, wealth advisers and financial planning firms. Our firm has focused on education and knowledge as a driver of investment behaviour and have taken a long-term approach towards Australian and New Zealand investors contemplating an allocation to India’s growth as part of their portfolios. Our firm has assets in excess of A$50m and the India Avenue Equity Fund is rated “Recommended”* by Lonsec and is available on multiple investment platforms across Australia and New Zealand.