Story thread · 2 reports / 2 sources

Where to invest after an asset bubble bursts? Nilesh Shah of Kotak makes the case for public markets

economictimes.indiatimes.com · 4hShare

When an asset bubble bursts, investors may find opportunities in public markets as distressed valuations emerge, according to Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company.Shah made the case for public markets during the third edition of Kotak Private’s 'Take and Counter Take', where he debated the post-bubble investment approach with Renuka Ramnath, Founder, MD and CEO of Multiples Alternate Asset Management.“Post asset bubble, it makes sense to be in the public market,” Shah said.The discussion centred on the contrasting roles of public and private markets following an asset bubble. Ramnath argued that private-market investors can exercise greater control over the companies they invest in, while Shah pointed to opportunities that can arise when public-market investors sell assets at lower prices.ALSO READ: Saurabh Mukherjea-led Marcellus Investment Managers gets Sebi nod to launch mutual fund businessPublic and private marketsAddressing investment strategy

First report: Nilesh Shah on FOMO: Why investors should stop chasing ‘once-in-a-lifetime’ opportunities — businesstoday.in, 1d