US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists. Indian valuations are becoming attractive again. China sees cautious inflows with some investments directed towards Hong Kong equity funds. Investors await concrete policy impacts before increasing their investments in China.
Think Beyond PE: Hiren Ved advocates PEG Ratio for smarter valuation assessment
Hiren Ved of Alchemy Capital suggests focusing on capital market plays due to their structural growth, outperforming large private banks recently. While valuations seem high,