China concerns for markets have receded: Sanjay Guglani, Silverdale Funds

In a chat with ET Now, Sanjay Guglani, CIO, Silverdale Funds, shares his views on the markets.

ET Now: The markets especially the Asian markets are reacting to the Chinese GDP number which came in line with estimates and they are maintaining that base level of 7 per cent which is really the level which raises the red flag if they were to dip below that mark. Do you think the China slowdown is pretty much bottomed and so the concern from China has receded?

Sanjay Guglani: To that extent yes.

ET Now: So what is the strategy across your investment portfolio, how are you looking at positioning yourself across the market given that this risk is not so much on the table anymore?

Sanjay Guglani: We take a basically holistic view of various development across the world right from the Janet’s statement down to what is happening in Iraq. Having said that in the totality of things we typically take a bottoms up approach.