One of the world’s most visited cities, London has something in store for everyone. A dynamic innovator of art and culture, London is a city of ideas and imagination.
Emerging markets have seen a sharp rally over the past few months but it may now peter out, says Prashant Periwal, Director of Altima Partners LLP.
In the media channel‘s special series ‘London Eye‘, Mukherjee has been speaking to Foreign Institutional Investor heads like Russell Napier of ERIC and Caeser Massry of Goldman Sachs. Here are some insights.
According to Dilek Capanoglu, chief investment officer and manager, Global Emerging Markets (EMs) portfolio-Allianz Global, investors are turning a bit skeptical on BRIC (Brazil Russia India China) because of the recent underperformance of their markets.
Most investors are going negative on India more so after rating agency S&P expressed concerns about fiscal deficit and growing economic problems. However, Jerome Booth of Ashmore Investment holds a very different opinion and thinks India shouldn‘t be paying too much attention to rating agencies.