World won't shake off tariff tantrums soon: First Global's Devina Mehra

Mehra says that they remain overweight on Europe, China, and to an extent, India in their global funds, and have also increased their allocation to fixed income

Global financial markets have clawed back from their April lows. Devina Mehra, founder, chairperson and managing director at First Global, tells Puneet Wadhwa in a telephonic interview that they remain overweight on Europe, China, and to an extent, India in their global funds, and have also increased their allocation to fixed income. Edited excerpts:

 

Have the markets fully shaken off Trump’s tariff tantrums, or should investors sell in May and go away?

 

The world will take a long time to get over tariff tantrums. It’s not even clear what exact concessions he (Donald Trump) is looking for. Plus, contradictory statements