Reforms need to speed up to brink back foreign investors
ET caught up with Roger Groebli, ED, Head of Financial Markets Analysis, LGT Capital Management on economic reforms and its impact on international investors.
What are some of the triggers that you are looking forward to?
For market to bring back foreign buyers into Indian market the reforms have to speed up and they need some more clarity as to how much the interest rate, the inflation figures and the fiscal deficit increase but definitely there is not a very negative view from international investors.
Investors will come back as soon as there is more clarity. Same is true for Indonesian and Chinese markets. In the US market, the investors' eye would be on jobless data and the fiscal deficit as well.
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