Globally, a double-digit correction long overdue, says Rupal Bhansali

'One should always think of multi-year investment horizons when investing in equity markets', Rupali Bhansali

Easy money has been reflating risk assets and the situation is likely to reverse, posing a risk to equity markets, says Rupal Bhansali, chief investment officer-global equities, Ariel Investments. Speaking during the CFA Society India’s 8th India Investment Conference, she cautioned investors to protect their portfolios by defensive positioning. Edited excerpts: 

Global and emerging market (EM) equities are having a dream run since the start of last year. Do you believe there is more steam left in the ongoing rally? 

We think value spreads are not compelling globally and feel a double-digit correction is long overdue. 
 

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