Author: Raoji

Categories
CoatTailing

Portfolio of GMO in India

This post is in continuation of my coat tailing series (see here)

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GMO run by the legendary Jeremy Grantham is a global investment management firm managing around $112 Billion in client assets.

Their significant holdings in India  as on 31 March,2014 as per Stock Exchanges is given below:

Symbol Entity # of Shares % Date End
ABAN GMO EMERGING MARKETS FUND 828393 1.9 201403
CARERATING GMO EMERGING DOMESTIC OPPORTUNITIES FUND 812855 2.8 201403
CESC GMO EMERGING DOMESTIC OPPORTUNITIES FUND 1349773 1.08 201403
HDIL GMO Emerging Markets Fund 9080978 2.17 201403
JAIBALAJI GMO EMERGING MARKET FUND 2445621 3.64 201403
KIRIINDUS GMO Emerging Markets Fund 1016942 5.35 201403
KSK GMO EMERGING DOMESTIC OPPORTUNITIES FUND 6548360 1.76 201403
Categories
Video

Arun Jaitley is Modi’s top choice as Finance Minister

Many people were expecting ICICI’s Kamath/HDFC’s Parekh to snag the job.But I feel Jaitley will do a good job.

 

Categories
Links

Linkfest:19 May,2014

Some stuff I am reading today morning:

Investors must recognize what “this time it’s different” really means (WP)

Jhunjhunwala:This is the start of the biggest bull market (ET)

RBI’s early warning signal suggests Rs.66,000 Crore NPAs (FE)

Obituary:Russi Mody (BS)

Post election thoughts on the markets (Prashant)

The rent crash (BS)

Prepare for the death of the petrodollar (DailyReckoning)

Review:LIC’s online term plan (BasuNivesh)

Why Uber and Airbnb may be in big trouble (Forbes)

An Indian Muslim’s letter to Congress (IndianMuslim)

 

Categories
Observations

How the Indian Media of 2014 is like the French Press of 1815

I am quite amused by the speed at which our Main Stream Media has started fawning over Narendra Modi. They had spent a good part of the last 14 years demonising him and now have only good words for him.

This reminds me (as a history nut) about how the French Press behaved in 1815.

Napoleon was imprisoned in the island of Elba.He escaped the island and marched onto Paris where he deposed King Louis XVIII and regained power.

The following is a list of Paris newspaper headlines reporting the journey of Napoleon across France, on his return from exile on Elba, March 9 to March 22, 1815:

March 9

THE ANTHROPOPHAGUS HAS QUITTED HIS DEN

March 10

THE CORSICAN OGRE HAS LANDED AT CAPE JUAN

March 11

THE TIGER HAS ARRIVED AT CAP

March 12

THE MONSTER SLEPT AT GRENOBLE

March 13

THE TYRANT HAS PASSED THOUGH LYONS

March 14

THE USURPER IS DIRECTING HIS STEPS TOWARDS DIJON

March 18

BONAPARTE IS ONLY SIXTY LEAGUES FROM THE CAPITAL

He has been fortunate enough to escape his pursuers

March 19

BONAPARTE IS ADVANCING WITH RAPID STEPS, BUT HE WILL NEVER ENTER PARIS

March 20

NAPOLEON WILL, TOMORROW, BE UNDER OUR RAMPARTS

March 21

THE EMPEROR IS AT FONTAINEBLEAU

March 22

HIS IMPERIAL AND ROYAL MAJESTY arrived yesterday evening at the Tuileries, amid the joyful acclamation of his devoted and faithful subjects

Categories
Links

Weekend Mega Linkfest:16 May,2014

Some off beat reads for the weekend:

Modi brings India’s Opposition to power.Now what? (BusinessWeek)

India’s Shinzo Abe (ProjectSyndicate)

Good Bye and Good Riddance, Dr.Singh (GreatBong)

Grinning at the Congress’ funeral (FirstPost)

What the death of homepages means for the future of news (Atlantic)

Facebook Wall:Initial reactions to Modi win (UnrealTimes)

Movie Review:Hawa Hawaii (JaiArjun)

We are drinking whiskey faster than distillers can make (Smithsonian)

Modi targets news traders (GossipGuru)

Taking the taxi across the Saudi desert (NewStatesman)

The Unmothered:Losing your mom (NewYorker)

How Thailand’s most notorious prison became a fight club (MensJournal)

President of Uruguay is the President of Chill (Vice)

Travelogue:Kaziranga National Park,Assam (TeamBHP)

Food:What exactly is a Roti Concept Cafe? (MumbaiBoss)