‘India will be the least impacted if Trump imposes any tariffs’: Stefan Hofer of LGT Bank
India's long term growth story is intact despite high valuations and FII outflows in the current markets, says Hofer.
- Nov 20, 2024,
- Updated Nov 20, 2024 8:41 AM IST
Benchmark indices Sensex and Nifty have been taking a beating in the Indian markets. There seems to be no end to FPI selling and geopolitical tensions globally. India’s corporate earnings for the second quarter of fiscal 2025 showed a lacklustre performance, with the Nifty delivering only a 4 per cent year-on-year (YoY) profit after tax (PAT) growth, slightly exceeding the estimated 3 per cent.
With Trump coming to power in the US what impact can Indians markets have? How can an investor make money in this current global situation? In an interaction with Business Today, Stefan Hofer, Managing Director and Chief Investment Strategist at LGT Bank (Hong Kong) shared his insights. Edited excerpts:
HNIs and UNHNIs are more open to looking at AIFs, earlier you had to have a large ticket size to look at private equity and private credit real estate, after product development in the alternative space there are now different ways to invest in alternative investments in smaller amount, so it is more accessible to people now and we also recommend 20 per cent allocation in AIFs be it private equity, private credit or commodities.
Benchmark indices Sensex and Nifty have been taking a beating in the Indian markets. There seems to be no end to FPI selling and geopolitical tensions globally. India’s corporate earnings for the second quarter of fiscal 2025 showed a lacklustre performance, with the Nifty delivering only a 4 per cent year-on-year (YoY) profit after tax (PAT) growth, slightly exceeding the estimated 3 per cent.
With Trump coming to power in the US what impact can Indians markets have? How can an investor make money in this current global situation? In an interaction with Business Today, Stefan Hofer, Managing Director and Chief Investment Strategist at LGT Bank (Hong Kong) shared his insights. Edited excerpts:
HNIs and UNHNIs are more open to looking at AIFs, earlier you had to have a large ticket size to look at private equity and private credit real estate, after product development in the alternative space there are now different ways to invest in alternative investments in smaller amount, so it is more accessible to people now and we also recommend 20 per cent allocation in AIFs be it private equity, private credit or commodities.