2017 has been a stellar year for equities and the
global economy, but will the bull run continue into 2018. In an
interview to CNBC-TV18, Hartmut Issel, Head of Equity & Credit APAC
and Chief Investment Officer for Wealth Management at UBS spoke at
length about the same.
has been a stellar year for equities and the global economy, but will
the bull run continue into 2018. In an interview to CNBC-TV18, Hartmut
Issel, Head of Equity & Credit APAC and Chief Investment Officer for
Wealth Management at UBS spoke at length about the same.
Issel said India has kept pace with global equities.
He
further said that he is seeing earnings growth returning post goods and
services tax (GST) rollout. However, foreigners have been skeptical due
to higher valuations.
He also added that earnings growth will accelerate in India but not as much as the market expects.
We are overweight on equities globally; not particularly bullish on India, he said.
30 Dec 2017, 12:15 PM