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Thai family office investor: Expect more market stress in next 6 months

Investors should brace themselves for more volatility in financial markets and look for safe businesses that generate cash while deciding on investment picks, according to Shiraz Poonavala.
Thai family office investor: Expect more market stress in next 6 months
Even as financial markets become more volatile, some stresses could emerge among companies, which investors should be mindful of when making allocation decisions, a senior executive at a Thai single family office said. "I think the markets are turning and I expect to see a lot of stress over the next six months," Shiraz Poonevala, head of investments at GP Group, told AsianInvestor. “With rising interest rates, a lot of companies will not be able to refinance and if they do, it …
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