Fund managers will have to rethink investment ideas, says K V Kamath

Veteran banker said corporates might need re-structuring of their balance-sheets

Domestic fund managers will have to rethink what investment ideas will see growth over the next decade to deliver returns, said veteran banker 

K V Kamath (pictured) at the Reset 2020 conference, organised by ICICI Asset Management Company (AMC), for its distributors and investors.

“Money managers will have to identify companies that drive growth in this new reset. That is likely going to be a blend of new and old companies. The markets overall will be driven by these new stars,” said Kamath, founder and former MD and CEO of ICICI Bank.

He pointed out every decade the number of firms falling