Expert view: Developed markets now offer higher growth and higher ROE, says Waterfield Advisors MD
Mint 1 hr ago·21 Oct 2026, 3:43 am
Riddhiman Jain, Managing Director at Waterfield Advisors, suggests that developed markets are currently outperforming India in terms of both growth and return on equity. He attributes this shift to foreign investors reallocating capital towards these more mature economies. This trend signals a potential cooling of foreign inflows into the Indian market, which could impact liquidity and valuations.
Jain anticipates that the full impact of high oil prices on inflation will become clearer in the coming quarters. This macroeconomic uncertainty is expected to make markets more volatile and uneven. He advises investors to remain cautious and focus on stock-picking rather than chasing broad market trends.
For retail investors, this environment highlights the importance of selecting fundamentally strong companies. As global flows shift, the focus should remain on domestic corporate earnings and management quality. Keeping a close watch on inflation data and global interest rate movements will be crucial for navigating this period of market volatility.
Excerpt from Mint
Waterfield Advisors’ Riddhiman Jain says developed markets currently offer stronger growth and returns, drawing foreign investment away from India. With oil’s inflation impact likely clearer in the coming quarters, he expects volatile, uneven markets and favours nimble stock-picking. Expert view: Riddhiman Jain,…Read the original at Mint
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- Category: Economy.
- AI reads the tone as negative (potentially bearish) for the stock.
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