Hugh Young, MD, Aberdeen Asset Management Asia is of the view that demonetisation is a big reform in a country like India where things usually move slowly.
Speaking to CNBC-TV18 on implications of the AB Group restructuring, Hugh Young, Managing Director of Aberdeen Asset Management Asia said the fund does not doubt the management's intentions but like other investors is worried about widening of holding company discount of Grasim.
GST will largely affect the broad market in general and not specific companies. Hence, it will not change the firm's stock selection, says Hugh Young, Managing Director, Aberdeen Asset Management Asia.
Aberdeen Asset Management Asia has reduced its shareholding in Infosys by selling 56.26 lakh shares in the country's second-largest software services firm.
Nilesh Shah, MD & CEO of Envision Capital, said the numbers are bang in line with expectation, and thus are a sigh of relief for the markets
Peter Elston, Head of Asia Pacific Strategy and Asset Allocation, Aberdeen Asset Management Asia fails to see any meaningful recovery in private sector demand in the US.
Be ready for a fall in markets and act on that by increasing risk within your portfolio to take advantage of what presumably will be subsequently a big bounce back in markets, says Peter Elston, Aberdeen Asset Management Asia.
Peter Elston of Aberdeen Asset Management Asia believes a deal will be struck with regards to the fiscal cliff. However, the scale of fiscal contraction post the deal might worry the US private sector and the consumers, he opined.
In an interview with CNBC-TV18, Peter Elston, Strategist at Aberdeen Asset Management Asia speaks about the European weakness affecting global stock markets. While he urges investors to prepare for some more correction, he suggests the weakness in the Asian space is a great buy call.
In an interview with CNBC-TV18's Mitali Mukherjee, Aberdeen Asset Management Asia's strategist, Peter Elston pointed out the main reason that is keeping the global sentiments subdued.
Economies are going to be weaker than most people expect, is Peter Elston, Strategist, Aberdeen Asset Management Asia's call. In an interview on CNBC-TV18, he says the outlook is anything but rosy for most developed economies, namely, US and Europe.