Overview

The debate of active vs passive is a long standing one and has as much momentum now as it did when it started. In India we have seen the number of passive funds double over the last few years. Simultaneously, active managers continue to see inflows from global asset allocators.

Indian equity has seen an inflow of $14bn in 2023 and this is only expected to increase. With an AUM of more than $450 bn the Indian Asset Management space continues to witness exponential growth. Identifying the right trends and bringing them to market with a quick turnaround are key differentiators.

Join Bloomberg and industry experts Mukesh Agarwal (CEO – NSE Indices), Kailash Kulkarni (CEO – HSBC Mutual Fund), Swarup Mohanty (CEO & Director – Mirae Asset Investment Managers), Deborah Fuhr (Managing Partner & Founder – ETFGI) as they predict future investment trends along with challenges expected in 2024. Hear more about the approach being adopted by investment managers to capitalize on this growth via product innovation and technology.

Agenda

4:30 – 5:00 pm

Registration

5:00 – 5:05 pm

Welcome remarks

Speakers: Diksha Bachani
5:05 – 5:20 pm

India Landscape

Speakers: Mukesh Agarwal
5:20 – 5:35 pm

[Market trends] The Convergence of Active and Passive: The Next Tidal Wave

Speakers: Rebecca Sin
5:35 – 6:10 pm

[Panel discussion] Active ETFs’ Success a Byproduct of Joining Low-Cost Revolution – product creation/generation

Speakers: Kailash Kulkarni, Swarup Mohanty
Moderators: Kumari Khushboo
6:10 – 6:30 pm

Inside Funds Visionary

Speakers: Deborah Fuhr
6:30 – 6:35 pm

Closing remarks

Speakers

Photo of Mukesh Agarwal

Mukesh Agarwal

Chief Executive Officer
NSE Indices Ltd.

Mukesh is a business leader with three decades of experience in financial services industry including Credit Rating, Mutual funds Research, Equity Research, Fixed Income Research, Industry Research & Indices. Mukesh has been part of various regulatory committees/Sub-committees in India on topics related to Indices, Bond Markets, Mutual Funds, Passive funds etc.

Mukesh is presently the CEO – NSE Indices Ltd., wholly owned subsidiary of National Stock Exchange of India (NSE), India’s largest stock exchange.

Previously, Mukesh was President at CRISIL Limited, a Standard & Poor’s company, and was leading their India Research business with full P&L responsibility. He worked with CRISIL for 20 years in various functions including Credit Ratings for 15 years.

Mukesh has a Masters Degree in Management studies from S.P. Jain Institute of Management & Research, Mumbai, India and Bachelors Degree in Electrical & Electronics Engineering from Birla Institute of Technology & Science (BITS), Pilani, Rajasthan, India.

Photo of Kailash Kulkarni

Kailash Kulkarni

Chief Executive Officer
HSBC Mutual Fund, India

Mr. Kailash Kulkarni is the Chief Executive Officer (CEO) of HSBC Mutual Fund, India. HSBC Asset Management has a large focus on Asia of which India plays an important role. Apart from having the responsibility of growing the Indian business, he also collaborates with the other countries to showcase the Indian investment capabilities to get allocation from international investors.

Mr. Kulkarni was the erstwhile CEO of L&T Investment Management and also led the marketing initiatives for L&T Financial Services. He has over 33 years of work experience of which 28 years has been in various functions of businesses across BFSI. He started his career with Eicher Motors as part of the distribution, sales and marketing functions.

He was a member of the SEBI Mutual Fund Advisory Committee and was on the board of Association of Mutual Funds of India (AMFI). He has also headed the Financial Literacy Committee for AMFI, in the past. Mr. Kulkarni is a management graduate from the Institute of Management Development and Research. He loves to travel around the world and is passionate about adventure sports.

 

Photo of Swarup Mohanty

Swarup Mohanty

Chief Executive Officer & Director
Mirae Asset Investment Managers (India) Private Limited

Mr. Swarup Mohanty is the Chief Executive Officer Director of Mirae Asset Investment Managers (India) Private Limited. As a financial group Mirae Asset takes a collaborative approach in managing a fully diversified investment platform.

Mr. Mohanty has over 29 years of experience in the field of financial services including 20 years plus experience in Asset Management Sales.
He is overall responsible for the India AMC. Mirae Asset Mutual Fund is driven with an idea of providing innovative investment solutions and help its Partners Investors construct portfolios.

Photo of Deborah Fuhr

Deborah Fuhr

Managing Partner & Founder
ETFGI

Deborah Fuhr is the managing partner and co-founder of ETFGI, an independent research and consultancy firm launched in 2012 in London offering a number of research subscription services. Previously, she served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. Fuhr also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. She holds a BS degree from the University of Connecticut and an MBA from the Kellogg School of Management at Northwestern University.

Fuhr was the recipient of the 100 Women in Finance 2017, European Industry Leadership Award as well as the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing.

Fuhr is one of the founders and on the board of Women in ETFs, one of the founders and on the board of Women in ETFs EMEA chapter, is on the board of Cancer Research UK’s ‘Women of Influence’ initiative to support female scientists.

Photo of Rebecca Sin

Rebecca Sin

Head of Asia ETF
Bloomberg Intelligence

Ms. Sin writes research, articles and featured stories about ETFs for the Bloomberg terminal and Bloomberg.com. She recently won the Bloomberg Intelligence 2021 4Q Franchise of the Quarter Award for her ETF research. She was previously the Head of Equities, Asia Pacific at Tradeweb and Head of Commerzbank ETF Sales and Trading for Asia Pacific. She was responsible for ETFs, equity futures/options and convertible bonds. She enjoys educating clients with respect to the entire Equities spectrum ranging from executions to driving the growth of the business. Ms. Sin’s career has been spent in London, Tokyo and Hong Kong, and she has experience working as a portfolio manager, market maker, synthetic equity trader and research analyst. Ms. Sin earned a Bachelor of Science degree from Brigham Young University majoring in Mechanical Engineering and minoring in Mathematics.

Photo of Diksha Bachani

Diksha Bachani

Head of Buy-Side Solutions (India)
Bloomberg

Diksha Bachani is responsible for the firm’s enterprise business including the Bloomberg terminal, the world’s most trusted source of financial data, news and analytics for global investors, leading financial institutions and corporations. Diksha has been with the firm for over a decade managing client relationships particularly the buy-side community in India and was instrumental in starting the first chapter of BWBN – Bloomberg Women’s Buy-Side Network.

Diksha holds an MBA in Finance from the University of Leicester, UK.

Photo of Kumari Khushboo

Kumari Khushboo

PORT & Index Business Manager, India
Bloomberg

Kumari Khushboo, CFA has more than 14 years of experience in Financial Services industry working for organizations like Edelweiss, MSCI and Bloomberg. She is a MBA in Finance and a CFA charter holder. Prior to joining Bloomberg, she was working as Portfolio analytics and factor model consultant for MSCI covering India business and currently working with Bloomberg to manage their PORT Enterprise and Index business for India.

When & Where

Wednesday, November 1, 2023
4:30 – 6:30 pm IST
Followed by networking

Bloomberg
16F, Tower 2B
One World Centre, Elphinstone Road
Mumbai 400013 Maharashtra

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