Ram Ahluwalia, CEO of Lumida Wealth, is advising investors to shift away from bonds toward utilities and financials, which he describes as low-leverage bond substitutes. Utilities combine predictable cash flows with structural exposure to AI-driven electricity demand, while banks benefit from expanding net interest margins and a recovery in IPO activity. Long-term bond yields remain under sustained upward pressure, as illustrated by India’s 10-year rate at approximately 7.18%, making these sectors relatively more attractive. This strategy challenges traditional portfolio allocation that assigns a protective role to fixed income.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
