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We have begun to reallocate to emerging markets: Alex Tedder on tech stocks

Alex Tedder is CIO, Head of Global & Thematic Equities at Schroders Investment Management

Alex Tedder
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Alex Tedder, CIO, Head of Global & Thematic Equities, Schroders Investment Management.

Ashley Coutinho
‘Value’ can still be found among tech stocks in the US, says Alex Tedder, CIO, Head of Global & Thematic Equities, Schroders Investment Management. In an interview with Business Standard, he says long term returns from global equities have been revised lower in recent years to reflect the impact of falling rates. Emerging market equities, however, offer attractive valuations and strong structural growth dynamics compared to developed market economies. Edited excerpts: 

Q. Technology stocks have led the market rally in the US amid the pandemic. Apple now commands a $2 trillion valuation. Do you see a bubble building up in

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