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Long-term bullish thesis remains intact: BofA ML

We estimate nearly 80 percent of the investors we met with had a negative stance. However, our longer-term bullish thesis remains intact, says Ajay Kapur of BofA ML.

May 04, 2016 / 08:38 IST
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Ajay Kapur of BofA ML said, "Having recently returned from a series of meetings with US clients and presented our longer-term bullish views on Asia ex-Japan and emerging markets, we encountered a significantly negative view among investors.""We estimate nearly 80 percent of the investors we met with had a negative stance. However, our longer-term bullish thesis remains intact," he added.

first published: May 4, 2016 08:38 am

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