GQG Partners’ Rajiv Jain, whose asset management group will list on Tuesday in the year’s largest initial public offering, says growth managers should be braced for “classic regime change” in a rising interest rate environment.
He also says ESG managers should prepare for underperformance in the coming years as the resources and energy sector outstrips the wider market.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
