Fund managers are known for their ability to chase hot themes when it comes to launching new funds. A common trick is to launch a fund to invest in the hottest sector. This is what gives rise to sector funds, 50 of which are currently on offer to retail investors. Remember these funds are the ones that have survived. Many sector funds die, or change the objects clause after years of poor...

Blackstone It Isn’t

Linking a big private equity investor with a company is the surest way to create excitement in an outrageous bull market. That is exactly what seems to have happened with Hotel Leela Venture. On 5th November, The Times of India (TOI) reported that Blackstone may pump in a billion dollars to fund Leela’s expansion plan. It quoted the Leela group chairman, Capt. C.P. Nair,...

Private Equity players are smart and have large stakes in these 6 companies. Should you hitch a ride? Analysis by Debashis Basu and Shailendra Lotlikar

They are the big boys of the investing business. They come in with billions of dollars of cash, pick up significant stakes in firms, often work with managements to improve performance and exit at a profit. They are called private equity (PE)...