Our Core Structural View on Markets and Asset Classes

India has entered a period of sustainable high growth which is throwing up large wealth creation opportunities and will do so over the next 20 years.

This is a phase where investors will be vastly better off owning a part of this growth story (equity) rather than lending into it (debt).

Markets are globally correlated, economies are not. Markets will continue to be very volatile as they adjust to deleveraging and a “new normal“in the western world. This is sharply contrasted by high growth in the Asian region led by India and China. We will continue to experience wild swings in our market as overseas investors adjust their portfolios in an uncertain global landscape.