State development loans (SDLs) offer good buying opportunities for investors, with attractive interest rates and low risk, some said. (View Highlight)
And targeted maturity funds (TMFs) offered by mutual fund houses are the most tax-efficient way to tap them, others added. (View Highlight)
Municipal bonds—muni bonds, in short—though still very nascent, were seen as promising. (View Highlight)
And performing credit—essentially riskier loans given to businesses that banks generally don’t lend to—as offering neat returns with tidy premiums. Though, of course, with much higher risk. Detailed due diligence is key here, everyone agreed. (View Highlight)
Finally, Pozsar also predicts that a commodity supercycle is coming. (He advised investors to get their hands on the ‘elementary table’. Ouch.) India, however, could benefit if it plays its hands right in the coming economic conflict between the US and China. (View Highlight)
