Vimal Gor: We expect a further 15 - 20 percent devaluation in the Yuan

Livewire Exclusive

Livewire Markets

Vimal Gor, Head of Income and Fixed Interest at BT Investment Management, says while he was somewhat surprised at the timing of the recent Yuan devaluation he is expecting the currency to experience further falls. "It signals to us that the economic growth is a lot worse than we had originally anticipated in China. They've moved a little bit now, 3 to 5 percent. In my team we believe there is another 15 to 20 percent coming. That will have ramifications for the rest of Asia which also will have to devalue their currencies aswell." In this short video Gor explains what this means for capital flows from China and his views on the outlook for domestic interest rates.

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.