Business News›Wealth›Invest›Ravi Menon of HSBC Global Asset Management says equities will continue to be rewarding for these investors
Ravi Menon of HSBC Global Asset Management says equities will continue to be rewarding for these investors
Synopsis
While the equity markets are trading at higher than historical averages on conventional valuation metrics, strong global liquidity and a low cost of capital environment in India as well as globally, place equity as a relatively better asset class in the near to medium term, says Ravi Menon of HSBC Global Asset Management
The financial year 2021-22 is likely to witness strong economic growth and long-term investors who can ignore market movements would benefit, Ravi Menon, CEO, HSBC Global Asset Management tells ET Wealth.What is your assessment of the current market scenario and economic recovery? The dichotomy between market indices touching new highs and current GDP numbers can be baffling. But if one were to look at the forecasted GDP numbers, may be not so.