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The company started as a joint venture in 2001 with Abrdn Investment Management, after registering with SEBI in 2000. trillion rupees in assets under management (As Of Mar 31, 2023). The company provides various investing services to clients like portfoliomanagement, real estate, and alternative investment funds.
In 2001, the Company ventured into starting an energy exchange in India to undertake trading activities, including trading long-term energy contracts. It also provides advisory services such as PortfolioManagement and Transmission Infrastructure Services. They collectively own 16.22% stake in the Company. 552 Cr in FY22 to Rs.
MIAN: So Stray Reflections is a macro advisory and community that works with portfoliomanagers, CIOs around the world. So you’ve seen this dynamic where millennials are increasingly taking participation in financialmarkets and home ownership. Tell us a little bit about your research. RITHOLTZ: Right.
So it’s been, you know, back in, in 2001, strategists were telling you to put about 70% of your money in stocks. But what we’ve all realized over the last, you know, 20 years since Reg FD in 2001 is that management games, their numbers, and then they beat these made up numbers systematically.
So that was in, that was in 2001 early then. And so I’ve noticed that me coming in 2001, think about it, not really a great equity market Barry Ritholtz : Dot.com implosion. And when that light goes on, it’s like, Hey, if everybody is discounting a recession, then the market’s figured it out a long time ago.
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