Sanjiv Duggal talks to AsiaHedge about the lessons he learned in 2008, what adjustments he made to HSBC’s India Alpha Fund and the current state of the Indian investment environment
Sanjiv Duggal is the manager of the HSBC Indian Alpha Fund and has been involved in the management of the flagship HSBC GIF Indian Equity Fund since April 1996. After surviving a punishing year for Indian hedge fund managers, Duggal has taken the India Alpha Fund back beyond its high-water mark in 2009 and now sees plenty of reasons to be excited about the Indian market in the months ahead.
Having managed a successful long-only Indian equity fund for more than a decade, what prompted HSBC, under the umbrella of Halbis, to launch an Indian long/short fund?
Sanjiv Duggal: We thought there was a gap in the Indian hedge funds space. Most hedge funds were aiming...