INSUBCONTINENT EXCLUSIVE:
The ability to generate alpha in times of distress shows the capability of fund managers
And market veteran Sunil Singhania (50) is obsessed with it.
Singhania floated his portfolio management service firm, Abakkus Asset
Management, in August 2018
And the first midcap-focused fund he launched delivered around 7-8 per cent return to investors till October 2019
manages close to Rs 2,000 crore now.
Before floating Abakkus, Singhania also proved his mettle earlier as CIO of Reliance Mutual Fund
earnings, events, timing and structure
company and runs various models for stock selection
And then also, we do secondary research
and Eicher Motors early.
When to sell a stock?The market veteran asks investors not to sell a stock as long as the company continues to grow
decision, one should not make any delay in selling a stock
of a lot of different things
justified at that point of time
an equity investor should invest in stocks only when she is positive on the economy
But ultimately, investing in equity is like investing in a growing asset
career?Singhania says he has always been a voracious reader and did not hide his love for reading balance sheets in his early days
So, the interest grew and from there on in the mid-90s when the economy started to open up, I got the opportunity to move full time into the
investor said he is currently looking for opportunities in companies that are below Rs 7,000 crore in market capitalisation
We are not looking at a particular sector, but the aim is more towards trying to see if we can invest in companies where valuations are in