CFA Toronto’s Quarterly: The Analyst | SEP 2024 ISSUE
“Soup to nuts at the 2024 Pension Conference
– and that was just the presentations!” Article Written by Mark Timm, CFA
Excerpt of Article: “China vs. India
The Emerging Markets session focused on the relative merits of China and India. Regina Chi, Vice President and Portfolio Manager at AGF Investments, argued that the Chinese economy was showing “green shoots” and that the stock market had bottomed out.
Pooja Malik, CFA, Founding Partner at Nipun Capital, called India “the new China.” Per capita, incomes and demographics are where China’s were 15 years ago. Structural demand from local buyers has been driving up Indian equities, she said.
Matthew Gertken, Chief Geopolitical Strategist at BCA Research, was more sanguine about India than China. He saw structural reform in India winning foreign investor confidence. On China, he perceived that President Xi Jinping’s focus on political control would trump policies needed to increase household consumption or energize private entrepreneurship.”
CFA Society Toronto’s 2024 Pension Conference was held in April 2024
About: The Analyst, CFA Toronto’s quarterly, is made possible by the volunteers of CFA Society Toronto’s Member Communications Committee. The committee’s role is to communicate to members and the greater finance community on the activities, accomplishments, objectives, and services of the Society with the goal of enhancing members’ knowledge bases and networking opportunities.
Mark Timm, CFA, is an independent financial writer with more than three decades of experience in Canada and abroad as a journalist, equity analyst, and Director of Institutional Marketing for a leading Canada-based global asset manager. Mark is a volunteer with CFA Society Toronto’s Member Communications Committee.
