Crude is going to be the theme which will drive a lot of factors in Indian market: Devina Mehra

Crude is going to be the theme which will drive a lot of factors in Indian market: Devina Mehra

“Q4, you will have a mixed bag. As I said, if the crude remains at lower prices, it is in Q1 that you will start to see that impact overall,” says Devina Mehra, Chairperson, First Global.What to your mind is going to be the central market talking point for next couple of months in the … Read more

Every investor should have reasonable part of their portfolio in global basket: Devina Mehra

Every investor should have reasonable part of their portfolio in global basket: Devina Mehra

“I find a lot of women are diffident about managing their own money whereas they should be because there is clearly no independence without financial independence so that is a sort of cause for me to get people and women to manage their own money,” says Devina Mehra, First Global.It is usually said that women … Read more

Amid turbulent times, even star PMS fund managers are losing money in stocks

Amid turbulent times, even star PMS fund managers are losing money in stocks

With multiple global macro headwinds creating a perfect storm for the domestic equity market, almost 85 per cent of PMS funds, used by HNIs to park their surplus funds, failed to beat Nifty in May. Only one recently-launched PMS scheme managed to eke out a return out of over 280 schemes on offer. Green Portfolio’s … Read more