Sunil Asnani

Sunil Asnani is the founder and managing partner of First Principles Funds. From 2008 to 2019, he worked with the Matthews India Fund, where he held the lead manager position since 2014. Prior to Matthews, Asnani was a management consultant with McKinsey in New York. He also was an officer in the Indian Police Service. He holds a BS in Mechanical Engineering from the Indian Institute of Technology (IIT), Delhi, and an MBA from the Wharton Business School.

India Is Slowly Evolving Into a Market Economy

May 26, 2021

India has come a long way since its independence from colonial rule in 1947. It started as a mixed economy where elements of both capitalism and socialism coexisted uneasily. Jawaharlal Nehru, India’s first prime minister, was a self-declared Fabian socialist who admired the Soviet Union. His daughter, Indira Gandhi, amended...

What Ails Corporate Governance in India?

November 30, 2020

Most businesses perish not because of strong competition or adverse macroeconomic conditions but because of cracks within. One such failing is weak corporate governance. For publicly listed companies, this often translates to controlling shareholders or “promoters” pursuing policies and practices in their own interests at the expense of minority shareholders. It...

What You Need to Know About the COVID-19 Crisis in the US

April 30, 2020

In the US, the novel coronavirus is causing panic. At the time of publishing, there have been more than 1 million confirmed cases and over 60,000 deaths. Health care systems are under strain. Doctors, nurses and other medical professionals are overworked. Masks, ventilators and drugs are in short supply. Stock...

When It Comes to Investing, a Company’s History Is Key

February 11, 2020

Never did I realize growing up that the subject I hated most would prove to be the most useful. No, I am not speaking about mathematics. Luckily, I was rather decent at the subject that many of my friends dreaded. The subject that I feared was none other than history....

India's Untapped Economic Potential

July 09, 2015

In this edition of The Interview, Fair Observer talks to Sunil Asnani, a portfolio manager at Matthews Asia. Ever since Indian Prime Minister Narendra Modi entered office in 2014, a positive reversal of the economy was expected. India’s economic situation deteriorated under the previous government, and the United Progressive Alliance was...