Active funds can gain from passive flows: Manulife Investment CIO

Chris Conkey, chief investment officer of Manulife Investment Management, in conversation with Jash Kriplani shares his outlook on India, emerging markets and how India can benefit from trade war

Foreign investors’ tendency to make large passive investments based on index allocations rather than fundamentals can create market inefficiencies that actively-managed funds can use to their advantage, says US-based CHRIS CONKEY, chief investment officer of Manulife Investment Management, managing $394 billion of assets. In conversation with Jash Kriplani, Conkey shares his outlook on India, emerging markets (EMs), and how India can benefit from lingering trade differences between the US and China. Edited excerpts:

What do you make of growth uncertainty in India?

We see it as a J-curve experience. The government is putting in place a lot of policies, which