iaip newsletter december 2011 final

8/3/2019 IAIP Newsletter December 2011 Final

http://slidepdf.com/reader/full/iaip-newsletter-december-2011-final 1/8

NEWSLETTER December 2011

From the President’s Desk

Wish you and your near and dear ones a Happy,

Healthy and Prosperous 2012!

One of the most challenging years in recent

times: 2011 has come to an end and I am sure all

of us would heave a sigh of relief. Almost

everything that could have been a headwind for

investors in India has happened; whether it's the

negative global environment and news flow or the domestic political

and economic data points.

We enter 2012 with optimism but also uncertainty. Whether the current

challenges are already factored into the current market valuations? Can

the possible fall in inflation and interest rates be the trigger for revival in

investor sentiments? Will decision making be the biggest factor totrack? There are many more questions that remain unanswered.

We start the year with an attempt to get some answers to these questions

through our much awaited Second Annual Investment Conference. The

lineup of speakers' is excellent and it promises to be an exciting and

enlightening event for every finance professional. Please take benefit

of the same.

The last quarter was a very busy quarter yet again for IAIP. The India

leg of the CFA Institute Research Challenge concluded in December

and was a resounding success. This event has become the premier

research challenge event for B-schools in India. This year almost every

top B-school in India participated in the challenge. The welcome

ceremony for new professionals also saw record attendees and was also

graced by top CFA officials.

I once again reiterate, more action and events are planned in the coming

months and the events would be more enjoyable if more members

participate. Thus once again, it's a request for all to participate asvolunteers as well as attend every event at IAIP. Your suggestions for

topics of interest are also welcome.

Thanks and best wishes!

Sunil Singhania, CFA

1

MEMBER SOCIETY OF

Kindly visit for more

notes and photographs of the events.

----------------------------------------------------Elizabeth has been actively helping society

for various events organized by it and issues

faced by members. You could reach her at

iaip.wordpress.com

[email protected].

p2IAIP - Volunteer Day

thOctober 16 , 2011

IAIP organized a Volunteer Day on

Sunday October 16th at Holiday

Inn, Mumbai with the objective of

encouraging members...

p4IAIP Challenge 2011 -

CFA Institute Research

Challenge in Indiath

December 13 , 2011IAIP concluded the National Finals

of CFA Institute Investment

Research Challenge in Mumbai on

December 13th 2011.

p7Welcome Ceremony

For New Professionalsth

December 14 , 2011

CFA Charter, considered the Global

Passport and Gold Standard by the

investment fraternity worldwide, is

earned after putting in considerable

time and effort.

In this Issue

http://iaip.wordpress.com/

mailto:[email protected]


http://iaip.wordpress.com/



INDIAN ASSOCIATION OF INVESTMENT PROFESSIONALS


2

IAIP - Volunteer Day

October 16th 2011

IAIP organized a Volunteer Day on Sunday October 16th at Holiday Inn, Mumbai

with the objective of encouraging members to come forward and volunteer for the

society, evaluate their interests in various activities & committees, gain insights

from their existing society leaders and volunteers, share experience with each other

and have fun networking. The session helped past, present and potential volunteers

gain new perspectives, explore own strengths and self-actualization. Lastly

volunteers could come out as more committed, connected, and creative in a

collaborative work environment.

To make the session more interesting IAIP invited, Pratapaditya Chakravarty,

popularly named PACO, to talk about volunteerism, building and uniting teams for

a common cause, expanding horizon on both professional as well as personalfronts. He started with the fact that The Eiffel Tower was build to demonstrate that

Iron is lighter than stone by a group of people, who were all volunteers! The team

lead by Gustave Eiffel included 50 engineers, 100 Iron workers, 120 construction

workers. The 324 metre & 108 stories tower took 18,038 pieces of metal, 2.5mn

rivets and 60MT of paint.

So all the volunteers who attended the session were divided into 6 groups and given

a task to build a replica of Eiffel Tower using wheat flour, which combined with

water becomes binding material, spaghetti representative of iron structure, and

water colors. The time allotted – 20 minutes. All the members discussed, designed,

planned, collaborated and built the coveted Tower. Everybody thoroughly enjoyed.

Through this fun session PACO passed on some very memorable messages on

volunteerism:

Ÿ Volunteering gives you an opportunity to make a difference to people's lives in

your community. You can use your skills and experience to help and enrich the

local community.

Ÿ Volunteering can enhance your future employment prospects and enable

employers to see that you have developed the necessary skills you may need in

their organization.

Ÿ Volunteering gives you a chance to get experience in a field you would like to

work in.

India Investment ManagementConference

th January 13 , 2012

IAIP Annual Forecast Event st

April 1 , 2012

Recent,Forthcoming Events





3

Ÿ Many of the volunteer projects will include training, which will be useful both

on the project and in later life.

Ÿ Volunteering gives you the chance to meet people both from within and outside

the industry who you would not normally come across.Ÿ Volunteering gives you the opportunity to test out potential career choices.

Ÿ Volunteering provides you with development opportunities that are not always

possible with paid employment, for example; communication and people skills,

organizational and time management skills, planning and budgeting skills.

Ÿ Volunteering can help you build links with particular organizations like

Schools, FE Colleges and specific community organizations.

Ÿ Volunteering is fun and fulfilling, allowing you to experience many diverse

opportunities not always available to you elsewhere.

So what are you waiting for? Take a leap. Get in touch with your society leaders and

active volunteers.

To seek for more information and opportunities for Volunteering and register 1 2

kindly visit or .

You could also get in touch with Elizabeth at .

About PACO:

Pratapaditya Chakravarty, popularly known as Paco, has more than a decade of

experience in exceeding SLAs and C-Sat scores for internal and external customersand has been associated with EDGE – The Learning Academy, Reliance Capital

Asset Management Co. His specialties are project management, performance

consulting, training, instruction design, content development, occupational

standards, conceptualizing & running corporate university.

3For more photographs .

------------------------------------------------------------------------------------------------

1)CFA Institute Website:

2) India Page:

3)Photographs:

CFA Institute website India page

[email protected]

visit this link

http://www.cfainstitute.org/mycfa/member/community/getinvolved/Pages/index.aspx

http://www.cfasociety.org/india/Lists/Volunteer%20Form/NewForm.aspx?Source=/india/

pages/volunteers.aspx

http://iaip.wordpress.com/2011/11/03/iaip-volunteer-day

India Investment ManagementConference: What’s Next AfterThe Recovery?

th January 7 , 2011

IAIP Challenge National Finalsth

February 5 , 2011 Presentation by Wells FargoTeam

th February 15 , 2011 Annual Forecast Event

st April 1 , 2011

Best Practices in EquityResearch

By James Valentine, CFAth

June 14 , 2011

Aadhar – Building India 4.0 By Govindraj Ethiraj

th July 29 , 2011

Avoiding Short-Termism inInvestment Decisions

By Jack Gray st

August 21 , 2011

Why successful spokencommunications can’t be softskill? By Richard Cooper

thSeptember 15 , 2011

IAIP AGMth

September 28 , 2011

Past Events


http://www.cfasociety.org/india/Lists/Volunteer%20Form/NewForm.aspx?Source=/india/pages/volunteers.aspx























IAIP Challenge 2011 -

CFA Institute Research Challenge in India December 13th, 2011

IAIP concluded the National Finals of CFA Institute Investment Research

Challenge in Mumbai on December 13th 2011. The four teams, which made it to the

finals after the equally tough regional rounds, gave brilliant presentation of the

investment thesis on the respective companies and responded well to the questions

raised by the distinguished panel of judges. Bloomberg, NSE and Bloomberg UTV

were the sponsors of the event. The two winning teams will represent India at the

APAC finals in Hong Kong on March 2nd, 2012.

For the starters the process started almost 3 to 4 months ago. IAIP Challenge task

force screened and finalized the companies under $4bn in market capitalization for

each of the four regions of the country – North, South, East and West. It invited and

shortlisted 32 business schools to participate in the competition. Then it brought on board a host of graders who evaluated the reports from each of the team and ranked

them, mentors who guided the teams in preparing the reports, presentation and

Q&A sessions and finally the judges for each of the regional rounds and national

finals. Besides the task force arranged for venues, scheduled company

presentations, managed logistics and worked to the minutest details. Needless to

say they were able to convince and bring in the sponsors for this event.

Region Regional Finalist Company covered

North (Winner)Indian Institute of Foreign Trade,

DelhiPetronet LNG

South

The Institute for Financial

Management and Research,

Chennai

Coromandel

International

East (Winner)Indian Institute of Management,

ShillongEmami

WestShailesh J. Mehta School of

Management, IIT, MumbaiMarico

IIFT, Delhi





5

Feedback from Judges

The judges for the National finals were Sunil Singhania, CFA, Ramesh Damani,

Ratnesh Kumar and Alan Meder, CFA (brief given below). They provided some

valuable feedback to the students which would also be applicable to practicing

professionals. Firstly, due to limitation of time one has to focus on few points which

will corroborate the broad conclusion consistently. A brief background of the

company especially to the international audience who may not be familiar with the

local companies is always helpful. It is like educating the people on an investment

idea. At the same time they need not overload, or run the slides faster or yell.

Likewise using the financial statements and figures in global currency like the USD

and using international conventions like millions instead of crores will be helpful.

Overall, the panelists were impressed by the performance of each team and quality

of their presentations.

Panel discussion: Investment Outlook For Indian Equities

Following the National finals, IAIP organized a short panel discussion on the

investment outlook with the same set of judges and Vivek Law as an anchor from

Bloomberg UTV which broadcasted it live as well as repeated the telecast twice toits TV audience. While the panelist were optimistic about the long term investment

story about India, they were nervous about the government policy gridlock,

corruption issues, ban on mining, lack of orders for infrastructure projects,

deteriorating fiscal & current account deficit, higher inflation & interest rates,

depreciating currency and slowing economy. One of the key differences pointed

out between 2008 bear market and current has been the absence of the

entrepreneur's zeal & confidence in new projects. Likewise there have been

negligible inflows into the mutual funds or the equity market from the investors. On

the positive side prices for stocks in few of the affected sectors have dropped

considerably and could be looked at.

About the Judges and Panelists

Sunil Singhania, CFA, is a Head - Equity Investments, at Reliance Capital Asset

Management Ltd and President of IAIP

IIM, Shillong




December 2011

6

Ratnesh Kumar, is Managing Director and Head, at Standard Chartered Securities

India (SCSI)

Alan Meder, CFA, is SVP and Chief Risk Officer, at Duff & Phelps InvestmentManagement Co. and also Vice Chair, CFA Institute Board of Governors

Ramesh Damani, is seasoned investor with over two decades of experience and

popular for his show on CNBC TV18 “Wizards of Dalal Street”.

About CFA Institute Research Challenge

The CFA Institute Research Challenge is a global competition which tests the

analytic, valuation, report writing, and presentation skills of university students.

Students have the unique opportunity to develop and present an equity research

report and be mentored and judged by leading industry experts. Local CFA Institutemember societies host and launch local competitions involving teams of three to

five business and finance students from participating universities who work

directly with a local company in researching and preparing a company analysis.

The local winning teams will advance to the respective regional finals held in Asia

Pacific; Europe, Middle East & Africa; Americas; and New York regions. The

regional winners will then advance to the global final in the hopes of being crowned

the global champion.

To learn more about the CFA Institute Research Challenge,

Follow us on website ( );

Twitter ( );Facebook ( );

YouTube ( )

To learn more about the competitions held in India,

Follow us on website ( );

Twitter ( );

Facebook ( )

We are pleased to announce that the Videos for CFA Institute Research Challenge in

India National Finals and Investment outlook for Indian Equities held on 13th Dec

2011 at Mumbai on Bloomberg Terminal's AV Function.

You can just copy paste the link on Bloomberg command line and view the

video by hitting Enter.

ŸCFA Institute Research Challenge in India Part 1:{NSN LXCHWX1A1I4H

<go>}

ŸCFA Institute Research Challenge in India Part 2: {NSN LXCI5O1A1I4I <go>}

ŸPanel on Investment outlook for India Equities: {NSN LWAZXY1A1I4I <go>}

The story is also searchable on AV or using NI VOD and through our many news

searches. The Key words for the story would be IAIP Challenge, IAIP, CFA, India,

IAIPIRC, Alan Meder, Ratnesh Kumar, Sunil Singhania, Ramesh Damani etc.

For more questions, please reach us at .

For more photographs visit

www.researchchallenge.org

http://twitter.com/cfachallengewww.facebook.com/globalirc

www.youtube.com/cfachallenge

www.iaipirc.org

http://twitter.com/iaipchallenge

www.facebook.com/iaipirc

[email protected]

http://iaip.wordpress.com/2011/12/25/iaip-challenge-2011/


http://www.researchchallenge.org/

http://twitter.com/cfachallenge

http://www.facebook.com/globalirc

http://www.youtube.com/cfachallenge

http://www.iaipirc.org/


http://www.facebook.com/iaipirc


http://iaip.wordpress.com/2011/12/30/welcome-ceremony/



http://www.facebook.com/iaipirc


http://www.iaipirc.org/

http://www.youtube.com/cfachallenge

http://www.facebook.com/globalirc

http://twitter.com/cfachallenge

http://www.researchchallenge.org/





Welcome Ceremony For New Professionals December 14th, 2011

CFA Charter, considered the Global Passport andGold Standard by the investment fraternity

worldwide, is earned after putting in considerable

time and effort. So on becoming one it's the sight

to watch out for – there are lot of joys and smiles

on the faces. To celebrate their key milestone CFA

Institute and IAIP organized welcoming

ceremony for the new investment & finance

professionals on December 14th 2011 at Mumbai.

Rohit Rebello, CFA, Secretary IAIP, moderated

the entire events, tirelessly inviting more than 150

professionals to the stage and keeping the interest

alive till the end. Sunil Singhania, CFA President

IAIP welcomed professionals to the elite group of

charter holders and highlighted the benefits of

getting the CFA Charter and becoming the members of both CFA Institute and IAIP

(the India society). On this occasion we had Alan Meder, CFA, Vice Chair of the

CFA Institute Board of Governors and Ashvin Vibhakar, CFA, Managing Director,

Asia-Pacific Operations, CFA Institute. Alan emphasized on the ethical dimension

to bring back the trust of the clients and how the CFA Institute has been a voice of

integrity. Ashvin gave the glimpse of how the Body of Knowledge is written by the

practicing professionals & academicians.

There are few important steps which needs to be completed before getting the CFAcharter and becoming a member like getting sponsors, meeting the minimum work

experience to receive regular membership or else receive affiliate membership, and

so on.

1For the complete information on applying for membership kindly

2and for membership application process . So we urge you to complete

this important task. In case of any difficulties you could get in touch with any one of

the active volunteers and existing members.

The benefits of getting the Charter and becoming the member of both the CFA

Institute and IAIP are multifold. Primary being opportunities to network, to shareand gain knowledge & best practices, contribute to the profession and society at

large. IAIP has been regularly being conducting speaker events with both local and

global experts enlightening the members, organizing regular annual events like

research challenge, forecast survey and event, India Investment Management

Conference etc. So once again welcome to the growing group of professionals!

For more photographs visit:

----------------------------------------------------------------------------------------------

1)Applying for Membership:

2)Membership Application Process:

visit this page

visit this link


http://www.cfainstitute.org/about/membership/process/Pages/index.aspx

http://www.cfasociety.org/india/Newsletters/Membership%20Application%20Process%2

0-%20For%20Applicants.pdf

http://www.cfasociety.org/india/Newsletters/Membership%20Application%20Process%20-%20For%20Applicants.pdf














iaip.wordpress.com

Speakers/Other Events:

Want to Volunteer?

It has been a long cherished dream of our

members to have some kind of

communication channel wherein we could

cover the various IAIP speaker and annualevents as soon as we finish one.

Accordingly, we have created one at

. Brief notes as

well as select photographs of almost all the

events since beginning of the current

calendar year have been posted on this site.

We hope you would find it useful and

would like it. Kindly visit the same and

don't forget to provide us your feedback.

www.iaip.wordpress.com

Please send in suggestions on topics you

would like events to be organized on. This

will enable us to assess areas of interest

and organize events accordingly. Memberswho have access to insightful speakers are

requested to please let us know and help in

facilitating events around such speakers.

This will enable us to leverage the network

of our members and deliver enhanced

value to the member community. Please

email or

or

.

[email protected]

[email protected]

[email protected]

IAIP is always looking to increase member

participation and networking opportunities.

You are most welcome to volunteer for our

society to make it more vibrant. To

understand more reach out to any of us or

Elizabeth at [email protected]

IAIP Committees:


We are open to a few additions to each of these committees as well as the formation

of additional committees to enhance member value. Please come forward and be an

active part of the society volunteers. In addition to the opportunity to interact withmembers and the investment community, it is also a good platform for developing

leadership and keeping in touch with latest developments in the CFA community

and the financial industry. It is also an excellent forum for giving back to the

profession. Please email:

or with the committee you

are interested in participating in and your contacts.

[email protected] ,

[email protected] [email protected],

Office Bearers

President Sunil Singhania, CFA

Vice President Vidhu Shekhar, CFA

Secretary or Treasurer Rohit Rebello, CFA

Director in Charge Jayesh Gandhi, CFA

Chair Anil Ghelani, CFA

Members Mital Parekh , Jayen Shah, CFA , CFA

Kishor Bagri , Hitesh Shah, CFA , CFA

Deepak Laxmi ,, CFA Jitendra Marchino, CFA

Salonee Sanghvi, CFA Anuj Kapoor, CFA

Sanjeev Patni, CFA

Advocacy Committee

Director Vidhu Shekhar, CFA

Chair Navneet Munot, CFA

Members Prashant Nair,CFA, Nalin Moniz, CFARohan Ghalla, CFA, Vinay Bagri, CFA

Biharilal Deora, CFA

Technology Committee

Director Saurav Mishra, CFA

Chair Jayen Shah, CFA

Members Deepak Laxmi, CFA

Biharilal Deora, CFA

Chetan Shah, CFA

Director Amit Khurana, CFA

Members

Chair

Kishor Bagri, CFA

Jayna Gandhi, CFA

Communications Committee

Director Namit Arora, CFA

Chair Chetan Shah, CFA

Membership & Recognition and Awards Committee

IAIP Challenge Task Force

Director Rohit Rebello, CFA

Namit Arora , Biharilal Deora , Kishor Bagri , Vinay Bagri ,

Neeraj Gaurh, CFA, Aviral Jain, CFA, Jatin Gujarati, CFA

, CFA , CFA , CFA , CFA

Chair Dinesh Da Costa, CFA

Members Neeraj Gaurh, CFA

Programming CE and Networking Committee

Employer Outreach Committee

Feedback/Request For Articles:

Join IAIP member

group on Linkedin at

Please send feedback/interesting articles that you would like to contribute to the Newsletter toor or or

or . Light readings, humor, interesting personalexperiences are also most welcome.

[email protected]@barclaysasia.com [email protected]

[email protected] [email protected]


http://www.iaip.wordpress.com/











mailto:%[email protected]











http://www.linkedin.com/groups?home=&gid=1516807








http://www.iaip.wordpress.com/

iaip newsletter december 2011 final

Documents