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Global equities to be volatile before US Presidential polls: Mustafa Sagun

The CIO of Principal Global Equities says more than 20 per cent of companies and industries represented in international indices face significant long-term structural risks

Mustafa Sagun, Principal Global Equities
Mustafa Sagun, CIO, Principal Global Equities

India is our largest overweight given its structural growth and long-term favourable fundamental trends, says Mustafa Sagun, chief investment officer, Principal Global Equities. In an interview with Ashley Coutinho, he says more than 20 per cent of companies and industries represented in international indices face significant long-term structural risks. Edited excerpts:   Technology stocks have led the market rally in the US amid the pandemic. Do you see a bubble building up in the space?   Valuations may look stretched for the technology and e-commerce titans in the US. But for ...