Nilesh Shah of Kotak Advocates Public Markets Post Asset Bubble Burst

Economic Times Markets · stocks

Nilesh Shah, MD of Kotak Mahindra Asset Management, suggests public markets offer opportunities after an asset bubble bursts due to distressed valuations. He debated investment strategies with Renuka Ramnath of Multiples Alternate Asset Management, who favoured private markets for greater investor control. Shah countered that public market managers are increasingly engaging with listed companies on strategy and governance. He highlighted instances where public market investors liquidate portfolios at lower prices during crises, unlike private promoters who may hold back.