(Hat Tip: Ramarao Venkatesh)
One of the most famous investors in the world has starting buying into India .
At the end of the third quarter (i.e. 30 Sept,2015), his legendary fund had assets under management of $100.2 Billion
In the third quarter, he bought 601,246 shares of iShares MSCI India ETF, a 0.4% portfolio weight. The position is now valued at $16.35 Million
He also purchased 470,200 shares of Infosys Ltd., a 0.21% portfolio weight. The share price averaged $17.The position is now valued $ 7.57 Million
The investor?Howard Marks of Oaktree Capital
2 replies on “Guess who’s buying India”
As far as I know, he is not a significant equity investor: equity AUMs are a tiny portion of Oaktree’s overall AUMs.
Question: what would the portfolio weight indicate? I mean, what portfolio.
This is just to indicate that Marks has entered India…portfolio weight of his fund