William De Vijlder, Chief Investment Officer of Strategy & Partners at BNP Paribas and presenter at the upcoming Fourth Annual CFA Institute European Investment Conference, recently spoke with The Economic Times to discuss Indian market outlooks.
In the interview, he discusses BNP’s preferred investment sectors in India and his firm’s current outlook on emerging markets. He also describes the Indian government’s forecast for economic growth as “on the optimistic side” — even though it’s no cause for alarm:
“Having some bit of a slower growth is instrumental. One should not be too worried about that. When growth is slowing sufficiently and inflation is coming down as well, then it means that the central bank and still the tightening cycle can even lift its foot from the brakes and then the economy can re-accelerate again. But based on present data, on available data, 8 to 9% growth is too optimistic.”
Dr. De Vijlder will be discussing emerging market investing during his session, Allocating Capital in an Uncertain World.
