Piyush Baranwal

MSIM emphasizes the exchange of investment ideas among team members and uses intense bottom-up fundamental research to fully understand the industries and companies they invest in. As such, the investment teams draw upon the collective knowledge of portfolio managers and research analysts that have developed expertise in specific sectors, across the market cap spectrum. MSIM's portfolios use four traits to analyze future price trends. These are the lowest p/e ratio, the lowest price-to-book ratio, the lowest price-to-value (calculated by a dividend discount model) and the highest dividend yield. Other appraisal ratios (cash flow ratio, sales-to-price ratio) are also used to a lesser degree. In the investment process, quantitative conclusions about stocks are limited by the effectiveness of financial accounting statements. The firm uses their experience in interpreting financial statements when they design quantitative models. Diversification is used to neutralize the occasional incorrect valuation of a company due to misleading accounting. The portfolio management teams have ultimate responsibility for the construction of portfolios. The team structure maximizes each team member's contribution to the investment process, while ensuring that a senior investor is at all times accountable for final decisions.

Principal PNB is an active, GARP-oriented manager which seeks to create wealth for their clients by investing in well-managed companies that are attractively valued and generate (or are in the position to generate) sustainable cash flows. The firm follows a top-down approach for fixed-income investments, continuously monitoring the macroeconomic environment and undertaking fundamental research of the fiscal and monetary positions. They add value by maintaining a strong focus on credit research and companies are only added to the portfolio after they undergo a thorough credit analysis.

Functions as a College/University

Bank of India Mutual Fund aims to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related securities of mid-cap companies along with income tax benefit.

WhiteOak Capital employs an investor centric approach to managing their mutual funds. The firm invests in companies which present the most powerful combination of business and valuation. They seek to generate alpha through bottom-up stock selection, based on intensive fundamental research and a proprietary rigorous analytical framework.