‘India is hot, be it debt or equity’
Chennai, Sept. 13 What’s currently hot on the radars of institutional clients? “Due to sub prime, a lot of clients are looking at FMCG (fast moving consumer goods) but I think overall India is hot, be it debt or equity,” says Mr Jayesh Mehta, Head - Institutional Client Coverage Group (ICCG) in India at DSP Merrill Lynch. “Globally principal investment will be more conservative,” he foresees, in an email interaction with Business Line.
Mr Mehta, who has been instrumental in building the firm’s debt trading (rates) and sales/ structured solutions group in the country, was earlier heading the debt markets area in DSP ML. His new role involves developing and nurturing top-level management relationships at the institutional level