Reportedly a global recession is looming around the corner; the Brexit October deadline is coming up soon; the China-US trade war is far from reaching a conclusion, and there is a strong demand slowdown in india with growth estimates being revised downwards.
Gold is the best performing asset class with uncertainty at record highs. These are samples of the headlines that investors worldwide have been exposed to in the last few weeks.
When nri (non-resident Indian) investors look at their India-centric portfolios, they are not happy with their returns over the last couple of years, and are wondering if they would be better served with an alternative investment strategy either a different asset class or maybe a different geography. When you add concerns of the possible depreciation of the Indian rupee, this combination of bad headlines and low past returns have the potential to make investors worry about the possible returns that can be made in the future as well.