Indian Prime Minister Narendra Modi was forecast to win his country’s election by a landslide, but was instead forced to form a coalition government and share power with allies for the first time since coming to power in 2014.

So how will the shock election result affect India’s growth trajectory? And what does it mean for its red-hot equity markets? Abhishek Gupta, India Economist at Bloomberg Economics, and Nitin Chanduka, India Strategist at Bloomberg Intelligence, join John Lee and Ishika Mookerjee on the Asia Centric podcast.

Indian Prime Minister Narendra Modi was forecast to win his country’s election by a landslide, but was instead forced to form a coalition government and share power with allies for the first time since coming to power in 2014.
So how will the shock election result affect India’s growth trajectory? And what does it mean for its red-hot equity markets? Abhishek Gupta, India Economist at Bloomberg Economics, and Nitin Chanduka, India Strategist at Bloomberg Intelligence, join John Lee and Ishika Mookerjee on the Asia Centric podcast.

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Some of the world's largest and fastest-growing markets, economies and companies are in Asia. Every Thursday, John Lee from Bloomberg Intelligence and Katia Dmitrieva from Bloomberg News speak with experts and newsmakers about the big ideas and trends moving money across the region.

Asia Centric by Bloomberg Intelligence

India's Election Shock Leaves Investors Guessing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ead58bea-fefa-4298-8a23-b18f005a1041/transcript

India's stock market has seen an explosion in retail participation, skyrocketing to more than 125 million registered investors from 20 million pre-pandemic. While 70% of these new investors are under 30, the boom is broad based: female participation has surged to nearly a quarter of the market, and half of all accounts now hail from rural areas. However, this new cohort's desire for "instant gratification" has fueled a speculative frenzy in derivatives, prompting regulator SEBI to step in with new rules to cool the market.

Jayprakash Gupta, founder of online trading platform Dhan, joins John Lee to explain how wide-ranging digitization efforts – from banking access to mobile penetration – laid the foundation for this growth. He discusses the impact of SEBI's recent crackdown on trading volumes and explains why he remains bullish on India's financial markets, pointing to low penetration rates, strong mutual fund inflows and a robust pipeline of IPOs.

India's stock market has seen an explosion in retail participation, skyrocketing to more than 125 million registered investors from 20 million pre-pandemic. While 70% of these new investors are under 30, the boom is broad based: female participation has surged to nearly a quarter of the market, and half of all accounts now hail from rural areas. However, this new cohort's desire for "instant gratification" has fueled a speculative frenzy in derivatives, prompting regulator SEBI to step in with new rules to cool the market.
Jayprakash Gupta, founder of online trading platform Dhan, joins John Lee to explain how wide-ranging digitization efforts &ndash; from banking access to mobile penetration &ndash; laid the foundation for this growth. He discusses the impact of SEBI's recent crackdown on trading volumes and explains why he remains bullish on India's financial markets, pointing to low penetration rates, strong mutual fund inflows and a robust pipeline of IPOs.

Gen Z, Women and Rural India Drive Trading Boom

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/74dbd150-e206-4800-b12b-b3d200a77770/transcript

Launching a multi-strategy hedge fund has never been tougher. Giants such as Millennium, Point72 and Citadel dominate the space, while spiraling pay and a fierce "war for talent" have pushed entry barriers higher than ever. So why leave a top role at one of the world’s biggest funds to start a rival?

Jonathan Xiong, CEO & CIO of Arrowpoint Investment Partners and former co-CEO of Millennium in Asia, joins John Lee on the Asia Centric podcast to answer that question. With more than $1.5 billion in assets and growing, Arrowpoint is one of the most significant launches out of the region in recent years. Xiong discusses the difficulties of starting a multi-strategy fund, the hidden dangers of the "cost pass-through" model, and how he stood out from the crowd by identifying a unique gap in the Asian market.

This episode was recorded in December 2025.

Launching a multi-strategy hedge fund has never been tougher. Giants such as Millennium, Point72 and Citadel dominate the space, while spiraling pay and a fierce "war for talent" have pushed entry barriers higher than ever. So why leave a top role at one of the world&rsquo;s biggest funds to start a rival?
Jonathan Xiong, CEO &amp; CIO of Arrowpoint Investment Partners and former co-CEO of Millennium in Asia, joins John Lee on the Asia Centric podcast to answer that question. With more than $1.5 billion in assets and growing, Arrowpoint is one of the most significant launches out of the region in recent years. Xiong discusses the difficulties of starting a multi-strategy fund, the hidden dangers of the "cost pass-through" model, and how he stood out from the crowd by identifying a unique gap in the Asian market.
This episode was recorded in December 2025.

Does the World Need Another Multi-Strategy Fund?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c22e465c-6b2a-4d0c-ac0c-b3cb008450b5/transcript

Geopolitical risk is often seen as a market threat, yet the rivalry between Washington and Beijing is driving a wave of investment opportunities. The US push for re-industrialization is boosting demand for Asian exports in sectors such as shipbuilding, power generation and semiconductors while China’s investment in "new productive forces" accelerates its high-end manufacturing upgrade.

Timothy Moe, chief Asia-Pacific equity strategist at Goldman Sachs, joins John Lee on the Asia Centric podcast. Moe explains why technology will remain a dominant theme in 2026 and why the firm is overweight Asia ex-Japan, forecasting the region will outperform the US and Europe. He also details why South Korea remains his top pick, citing 35% projected earnings growth and reasonable valuations, and outlines the rationale for his recent upgrade of India.

This will also be our last episode for 2025 and we will re-commence on January 8 with a new line up of exciting speakers.

Geopolitical risk is often seen as a market threat, yet the rivalry between Washington and Beijing is driving a wave of investment opportunities. The US push for re-industrialization is boosting demand for Asian exports in sectors such as shipbuilding, power generation and semiconductors while China&rsquo;s investment in "new productive forces" accelerates its high-end manufacturing upgrade.
Timothy Moe, chief Asia-Pacific equity strategist at Goldman Sachs, joins John Lee on the Asia Centric podcast. Moe explains why technology will remain a dominant theme in 2026 and why the firm is overweight Asia ex-Japan, forecasting the region will outperform the US and Europe. He also details why South Korea remains his top pick, citing 35% projected earnings growth and reasonable valuations, and outlines the rationale for his recent upgrade of India.
This will also be our last episode for 2025 and we will re-commence on January 8 with a new line up of exciting speakers.

Goldman Tips Asia To Outpace The US Again In 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d63ab573-eba0-4a5a-983e-b3b600826322/transcript

India's Election Shock Leaves Investors Guessing

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