Equity Bull Sees No Room for Emotions in Best Asian Stock Market
- Reliance Asset uses valuations, momentum models to curb swings
- Momentum indicators signal India rally has steam left: Gunwani
This article is for subscribers only.
For investors looking to ride Asia’s top-performing stock market in times of global stress, the Indian unit of Nippon Life Insurance Co. says it has a solution: keep emotions in check and buy a fund that dynamically spreads money among different asset classes.
“The market may remain volatile, and with uncertainties around one should tread carefully,” Manish Gunwani, chief investment officer at the $34 billion Mumbai-based Reliance Nippon Asset Management Ltd., said in an interview. “A statistical model-based approach minimizes emotional bias and seems to be the best bet in the current environment.”