Retail investors have grasped the power of equities: Vikas Khemani

VIKAS KHEMANI tells that the best risk management technique for investors is to invest in good companies with solid management capable of withstanding and managing volatility

With markets hovering near record high levels, VIKAS KHEMANI, founder of Carnelian Capital Advisors, tells Puneet Wadhwa in a telephone conversation that the best risk management technique for investors is to invest in good companies with solid management capable of withstanding and managing volatility. He believes that risk always comes unannounced and from unexpected sources. Edited excerpts:

Has calendar year 2023 (CY23) played out for the markets as you expected back in late 2022?

Yes, it has played out very well, in line with our expectations. Our flagship fund has delivered a 20 per cent return year-to-date with an alpha of