Overall on the domestic front, how do you see things improving?
The economy is picking up compared to where we were six or nine months back and from that point of view, things are in a much better shape. Clearly one does not know how the second wave of Covid, which seems to be focussed significantly on Maharashtra, will shape up. The reality is that valuations are not what used to be one year back when the market was really cheap. Now markets are not that cheap and clearly we are going to see volatility ahead. That will continue as long as there is news of Covid.
Overall on the domestic front, how do you see things improving?
The economy is picking up compared to where we were six or nine months back and from that point of view, things are in a much better shape. Clearly one does not know how the second wave of Covid, which seems to be focussed significantly on Maharashtra, will shape up. The reality is that valuations are not what used to be one year back when the market was really cheap. Now markets are not that cheap and clearly we are going to see volatility ahead. That will continue as long as there is news of Covid.
Synopsis
InCred Asset Management, the fund management arm of the InCred Group, has announced the appointment of Mrinal Singh as its CIO and CEO, said a statement issued today.
ET Online
InCred Asset Management, the fund management arm of the InCred Group, has announced the appointment of Mrinal Singh as its CIO and CEO, said a statement issued today.
Singh was previously the deputy CIO at ICICI Prudential AMC. He has been with ICICI Prudential for more than 12 years and proved instrumental in setting up its research processes, product strategy, as well as business and talent development during his journey. He spearheaded ICICI Prudential’s equities investment across multiple funds.