Herald Van Der Linde

Indian market resilient amid global turmoil: HSBC's Herald van der Linde

Citing macro concerns like inflation, dollar prices etc, Herald said that apart from Indonesia, only country managing to sail through these tough times in Asian markets, is India.

Overweight on India; demonetisation is being priced in now: HSBC

Inflation is expected to come down in the Eurozone and the US, says Herald Van Der Linde, Head of Equity Strategist, Asia-Pacific at HSBC.

US Fed unlikely to move this year; equity markets at risk: HSBC

The equity market is at risk despite the rally seen since March, says Herald Van Der Linde, Head of equity Strategy, Asia-Pacific at HSBC adding that India is not an exception to that. A big move of volatility is expected in next couple of months.

Overweight on India, see room for 50 bps rate cut by RBI: HSBC

HSBC has maintained overweight rating on Indian equities and believes that the August CPI print of 5 percent marks the start of a prolonged period (approximately a year) in which CPI inflation is likely to trend at or below 5 percent.

Still overweight on India post passage of GST bill, says HSBC

Herald Van Der Linde of HSBC continues to be overweight on Indian equities as monetary transmission mechanism is underway and passage of GST bill is a big step towards improving tax efficiency in India.

HSBC calls India a defensive market, sees IT & pvt banks growing

While 4-5 percent upside is expected in Indian market, appointment of new RBI governor, monsoon and global markets continue to be key risks for the country, says Herald Van Der Linde of HSBC.

Overweight FIIs the biggest risk to Indian markets: HSBC

Speaking to CNBC-TV18, HSBC's Head of Equity Strategy Herald Van Der Linde, says the fall in interest rates, relatively better earnings growth and a large exposure to commodity prices is making India a good place to bet on.

Underweight on India, valuations remain high: HSBC

Capex delays and expectations of a poor monsoon will put pressure on earnings, while valuations remain high, said Herald van der Linde, HSBC.

HSBC downgrades Indian equities to underweight

India remains one of the most over-owned market in Asia and the bank says the potential for more equity outflows has increased because foreign positions look stretched.

See India making strong comeback, China to outperform: HSBC

Faced with global risk factors and FIIs pulling out, India seems to be faced with losing its favourite emerging market status. But is this bounce back a buying opportunity for equity investors? In an interview to CNBC-TV18‘s Shereen Bhan, Herald Van Der Linde, Head-Asia Equity Strategy at HSBC, discuss on the same.

Don‘t see money moving out of India into other EMs: HSBC

Herald Van Der Linde, HSBC believes there are no specific risks in India, the only risk being other markets could become more attractive.

Asian equities to grow 7% this yr, India can do more: HSBC

Herald Van Der Linde understands the reason why Asian equities will see a decent growth this year. In an interview, he said the bull run will continue for a while more, although US rate hike fears will cause multiple scares through the course.

India second most expensive Asian mkt, retain neutral: HSBC

Van Der Linde said the Indian equities have already rallied 22-24 percent and the upside looks capped for the year.

US Fed likely to start taper in policy meet this week: HSBC

Herald Van Der Linde of HSBC is a bit cautious on 2014 outlook for emerging markets and all of Asia with regards to the taper fear.

See 50% chance of Fed starting to taper in Dec: HSBC

Herald Van Der Linde, head of equity strategy for the Asia-Pacific region at HSBC says India would not be impacted to a great extent by tapering because of the corrective steps taken by the government.

Cautious on EMs; India still an underweight: HSBC

Herald Van Der Linde, Head of Equity Strategy, Asia-Pacific, HSBC maintains a cautious approach towards Indian market and expects it to correct.

See earnings downgrade; multiples need to fall more: HSBC

Herald Van Der Linde feels earnings will be downgraded soon and even though right now India is trading at fair multiples, these multiples need to come down further before India starts to look very cheap

FII outflows will taper from hereon: HSBC

In comparison to the rest of the Asian region, outflows from India have been relatively less. Van Der Linde believes there will be a slowdown in terms of FII outflows from India. He says, most FIIs do not have many options in Asia, as China, Korea no longer look attractive

Overweight on China; bullish on Indian healthcare, IT: HSBC

HSBC is overweight on Chinese market due to cheap valuations there. He is also bullish on sectors like healthcare, software and private banks.

HSBC downgrades India to underweight

We downgrade India to underweight from neutral because of high inflation, slower growth and lack of measures to control the current account deficit, says Herald Van Der Linde, HSBC

Neutral on India; see little follow-through on reform: HSBC

Herald Van Der Linde, head of equity strategy (Asia-Pacific) at HSBC is neutral on India as he sees very little follow-through coming after the slew of reform measures announced.

Global equities ripe for foray; mkts to stay flattish: HSBC

Herald Van Der Linde, head-equity strategy, Asia Pacific, HSBC says that it is a good time to invest in global equities with a 12-month view. "After the markets rallied late 2012, the fundamentals are starting to catch up. Earnings prospects across Asia look okay but it will take time for the fundamentals to catch up," he told CNBC-TV18.