Don't see significant slowdown in retail flows: Tata AIA Life's Patil

Retail money is a factor in the lack of attractive alternate investment avenues among other asset classes: Patil

A reasonably aggressive rate hike cycle by the US Fed has been already factored in by the markets, says HARSHAD PATIL, chief investment officer, Tata AIA Life, in an interview with Puneet Wadhwa. Edited excerpts:

What’s your outlook for the markets?
 

Given the heightened volatility caused by geopolitical tensions leading to a surge in commodity prices, and thereby affecting earnings in the near term, we believe that the markets may remain range-bound and only regain momentum after geopolitical tensions are abated and there is normalisation of inflationary pressure. We expect returns from the markets to be in the low teens