S Naren, CIO – ICICI Prudential AMC, shares his outlook on the equity markets for 2016, the problems the markets are facing currently and explains why investing in the current bear phase will be rewarding for investors.
Notes: Just for the record, S Naren has been one of the few fund managers who has been very successful in getting broad market direction right. In Jan 2015 he called for investors to move into bonds and wait for markets to stabilize and earnings growth to come through. In Aug 2013, when Nifty was at 5150, he was of clear view that investors should buy Nifty or broad based mutual funds to benefit from upswing as valuations were crushed. That was also a very valuable assessment.
7Avenues is private equity with investors worldwide – professionals and entrepreneurs – from various industries. We bring together ideas, execution, investment, risks and rewards – all on the same table.
We build companies by investing capital and management expertise.
We have the industry insights and operational experience to turn good ideas into commercial success.
Plus our international network of industry executives gives us both local and global view of trends.
* Investor value creation through high-growth business Ideas, diligent Execution and passionate People.
* Most great ideas and ventures fail due to the most critical resource: People. Our members are action-oriented thought-leaders in their professions. Learn more about us.