KENNETH ANDRADE

Kenneth Andrade, of Old Bridge Capital Management, emphasizes market breadth narrowing to specific stocks and commodity favoritism. He discusses challenges in the IT and defense sectors, PSU companies, and future businesses like Zomato and Paytm. An...

Kenneth Andrade anticipates significant growth in the power market, emphasizing massive investments in energy capex equivalent to India's GDP over the next 15 years. He discusses the impact on various sectors and the rationale behind his pharma hold...

Kenneth Andrade of Old Bridge Mutual Fund advises caution in the financial year, emphasizing efficient cash deployment, managing expectations, and watching out for factors like tariffs and supply chain imbalances. He predicts a focus on commodities ...

Kenneth Andrade believes that metal converters and Indian companies in the steel industry are a good bet. The balance sheets of these businesses have improved, with increased cash generation and capacity expansion. The key factor for success is the ...

Three sectoral funds, two ETFs and index funds, one large cap fundand focused fund will open for subscription this week.

The scheme co-managed by its founder Kenneth Andrade, a former chief investment officer of IDFC Mutual Fund (now Bandhan), will run a concentrated portfolio with 25-30 stocks - a strategy that he was known for in his previous stint in the mutual fun...

In the past decade, the mutual fund industry has experienced an astounding growth of over six times, surging from approximately Rs 8 lakh crore in 2013 to an impressive Rs 50.8 lakh crore by the end of 2023, as per data released by AMFI (Association...

Asset manager Old Bridge Capital said that India’s market capitalisation to GDP ratio is at an all-time high of over 100% which indicates overvaluation and the need to exercise caution as the market may have priced itself ahead of the curve.

“2024 valuation advantages are with the big caps. But it is not to say that the largecaps are significantly cheap. The market as a whole has traded up and it is hitting all time highs and you need to be cautious across the entire board. Try and navi...

According to the Scheme Information Document of the scheme, the investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalization.

Old Bridge Capital Management Private Limited was incorporated in December, 2015 and is registered with SEBI as a Portfolio Manager and an investment manager and Sponsor to a SEBI registered Category III Alternative Investment Fund named “Old Bridge...

The big companies are struggling to reinvest capital. There is not enough opportunities on the ground to leverage the cycle forward, which is, I think, given valuation spread, inability to invest capital into larger projects, they will tend to be a ...

“The peak is behind us for sure but our portfolios or our thought processes/ corpuses are consistent. We have got new trade norms and within those trade norms, prices of everything that were deflationary for almost a decade will have some kind of pr...

“For longer term periods, buying at the right price has always worked out and that is an investment style. At all periods of time, one will get businesses that are in that zone. We are not really going to shift our style to buy high PE companies. In...

“When we go through a cycle like this, I would not want to go bottom fishing because structurally that industry has not changed. There are more participants in the industry, everyone wants market share, they will be ready to price the products out t...

In a media interaction on Wednesday, Andrade, chief investment officer of Old Bridge Capital Management, said equities may not take a big hit as central banks prepare to increase the interest rate to combat inflation.

“Reopening trade or consumer demand is going to be very geography specific. It is going to be all about urban India, it is not going to be pan India.”

“We are happy to take money but after what has happened in the last two years, do not expect the same kind of returns getting generated all over again.”

“One has to set a fair level of expectation before getting into the markets. Do not look at what looks to compound over a longer term, from a short-term perspective and use every opportunity that is there on the downside. That is where one makes mos...