Sep 7, 2023
In this episode, Escala Partners CIO, Tracey McNaughton, talks about India’s breakout moment and how investors can take advantage of it while being cognisant of the investment risks. The Australian earnings season reminds us of the diversity of impact that higher interest rates are having on different age groups in the economy.
(0:52) - The Reserve Bank of Australia met this week, no change in interest rates was the call. Does this mean we have reached the end of the tightening cycle? Is a rate cut around the corner?
(3:35) - You and the team have done some research on the investment case for India, can you share some of your insights?
(6:04) - Why is India seen as a key beneficiary of the China plus strategy?
(7:36) - It doesn’t come without risk though, does it? What are some of the risks to investing in India?
(10:10) - What about investment challenges?
(12:38) - So, India is having a moment. The investment case is there albeit with some risks. How can investors access India?
(13:45) - The final numbers are in for the month of August. Equities were weaker, bonds were weaker and the Aussie dollar was weaker. A challenging month.
(16:59) - Just on China, we were talking in our morning meeting about how uneasy the current financial climate feels and where the next crisis could emerge from. China was mentioned.