Bruno Verstrate, chief executive officer, Nautilus Invest in an interview to CNBC-TV18 said, issues related to growth and European debt crisis are bothering global markets making equities unwanted at this point in time.
He said, "We are out of equities since beginning of April because there is a huge deterioration of the economic indicators both current and leading indicators." According to Verstrate, although growth in emerging markets is slowing down but growth is still there which is not the case with Europe and US. Given this, he expects emerging markets to outperform others in times to come. Also Read: Positive call on India; see earnings growth at 11% says Amundi Below is the edited transcript of Verstrate's interview with Latha Venkatesh and Gautum Broker of CNBC-TV18. Also watch the accompanying video. Q: WhatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
