Newsletter December 2022
MESSAGE FROM THE BOARD
From the Virtual to the Phygital: Emerging from the Pandemic induced Lockdown
Society Updates
Rajendra Kalur, CFA
If I am asked as to what could be an apt leit-motif for the year, I will describe it as “Re-connect, Re-engage & Re-build”. This is not to say that the years during lockdown were lost...
COVER STORY 1
Green Shoots in Municipal Bonds Market
Fixed Income
K. Subalakshmi
Indore municipal corporation has just announced a Rs. 244 crore green bond to part fund a solar power project in the city. Further, the bond will invite retail participation, bringing green bonds into the retail discourse...
COVER STORY 2
International Trade: Connected Yet Fragmented
International Trade
Mihir Shirgaonkar, CFA
The Global Financial Crisis of 2008 was a turning point for international trade. The extreme stress on global financial markets and banking systems caused by the subprime meltdown dealt a massive blow to the...
EXPRESS
“Person of the Year 2022”
Perspective
Navneet Munot, CFA
I thought of Vinice Mabansag, the baby from Manila, the symbolic 8th billion human born this year. Our race has doubled in the last 50 years while the wildlife population has nearly halved in this same period! As we expand...
Manufacturing – Theme for the Next Decade- Opportunities and Challenges
Manufacturing
Vaibhav Agarwal, CFA
Manufacturing has been the Achilles Heel for India for the last many decades. The percentage share of manufacturing in overall GDP has always remained in the mid-teens. Countries like China and South Korea...
The Global ‘INTEREST’ in Inflation
Inflation
Nishit Vyas, CFA
The most striking feature of economic policy-making in 2022 had been the volte-face by central banks globally. The broad tonality has changed sharply from accomodative to ‘sufficiently restrictive’ and fueling growth...
How Disclosure Can Help You Get the Most Out of Your Health Insurance
Health Insurance
Sreyansh Banthia, CFA, FRM
Did you know that only 3% of people read their insurance policy documents? When was the last time you sat with your parents and reviewed their health insurance policy?...
IN CONVERSATION WITH
Dr. Monika Chopra, CFA
Women-in-finance
Interviewed by Srividhya Venkatesan, CFA
Globally, women in the financial services sector are said to hold only 21% of board seats, 19% of C-suite roles, and 5% held CEO positions. Organizations globally recognize this disparity and are initiating actions to increase...
Sandeep Gupta, CFA, CIPM
Career
Interviewed by Parvez Abbas, CFA
I am immensely grateful to the CFA community for the trust evinced and the opportunity to volunteer as a Director for CFA Society India. Being a volunteer is a very important part of the overall value I derive from my CFA Charter...
SELECTED READINGS BY MANISH GVALANI, CFA
BOOK RECOMMENDATIONS BY PARIJAT GARG, CFA
INSIGHTS FROM SOCIETY EVENTS
Meet the Market Masters – Govind Parikh
Contributed By
Vijayanand Venkataraman, CFA
Library of Mistakes : Case Studies & Antidotes with Puneet Khurana, CFA
Contributed By
Ajay Minocha, CFA
Technical Analysis for Investors with Nooresh Merani
Contributed By
Ajay Minocha, CFA
#6th VIPS – In Pursuit of Alpha by Roshi Jain
Contributed by
Swetha Rakhecha, CFA
#6th VIPS 2022 – In conversation with Mr. Vallabh Bhanshali
Contribution by
Ajay Minocha, CFA
#5th FINTECH – Navigating the New Digital Lending Rules: Impact on BNPL by Nitin Gupta
Contribution by
Nilesh Saha, CFA
#5th FINTECH – Neobanking in the Indian Context: Pushing Global Frontiers in Innovation by Raghunandan G
Contributed by
Pranav Bhavsar
#4th IFIS 2022 – India Macro Outlook – A reality check by Prasanna Ananthasubramanian
Contributed by
Vijayanand Venkataraman, CFA
#4th IFIS – Geopolitics and Interest Rates by Zoltan Pozsar
Contributed by
Senthil ManiKandan K
#4th IFIS – Performing Credit – A New Alternative Asset Class?
Contributed by
Madhusudan Chandarasekaran, CFA
#4th IFIS – Indian Bond Markets – Travel through time by Mahalingam Gurumoorthy
Contributed by
Sreemant Dudhoria, CFA