Page 2 - Julius Baer

An expansionary Budget, aimed at fostering growth and balanced development

The Budget has managed to "balance" the industrial development needs with those of the social and rural sectors

Maintain a constructive view on Indian equities for 2021: Ashish Gumashta

With a successful breakthrough on the vaccine front, we seem to be moving closer to normalisation in a quarter's time, says Julius Baer India MD

Swiss pvt bank Julius Baer plans wealth management joint venture in China

The plan comes as China, the world's second-largest country by number of billionaires, has been rapidly opening up its financial sector for bigger foreign participation.

The current market rally may soon run out of steam: Unmesh Kulkarni

As of now, we expect the global recession will be deep but short, and the fiscal and central bank actions should mostly prevent a financial and economic meltdown

Global investors will continue to invest in India, says Julius Baer CEO

The Budget lacked any major announcements pertaining to the financial sector, infrastructure, real estate, and exports, which are all critical for reviving growth, says CEO Ashish Gumashta

We are in the middle of a summer storm, says Julius Baer's Mark Matthews

There have been (political) developments in emerging markets (EMs) as well, with important elections in Turkey and Mexico, says Matthews

Downside for Indian markets will be limited in case of a global correction: Mark Matthews

Global markets have reacted sharply to the rise in US bond yields. MARK MATTHEWS, head of research for Asia, Julius Baer Group tells Puneet Wadhwa that right now it is premature to say global markets are entering into a bear phase. Though he remains bullish on India, he advises staying away from the mid-and small-caps. Edited excerpts:Is the market reaction to rising bond yields overdone?Central banks have been taking the liquidity away, starting with the US Federal Reserve (US Fed). That's one reason that the bond yields have started rising. The other reason is that the global economy is growing at a healthy rate. The macro data has been above expectation. The big mystery, however, is that the bond yields are rising now; the big mystery is why they weren't rising earlier. The US Fed has raised rates five time since 2015. The bond markets are now getting to a level where they should have been at a few months ago. The bond market is not being irrational, but is pricing in very strong ..