homepersonal finance NewsWizards of the Street | All business are cyclical, says Shridatta Bhandwaldar of Canara Robeco AMC

Wizards of the Street | All business are cyclical, says Shridatta Bhandwaldar of Canara Robeco AMC

Shridatta Bhandwaldar, Head of Equities at Canara Robeco AMC started his career as an engineer and then switched mid-stream to equities. He not only manages multiple schemes and over Rs 35,000 crore in assets, but he is also an award-winning fund manager. In a CNBC-TV18 special show, BSE Member Ramesh Damani spoke with Bhandwaldar on his journey from an engineer to a fund manager.

By Ramesh Damani  Dec 19, 2022 7:14:31 PM IST (Published)

2 Min Read
In a CNBC-TV18 special show, 'Wizards of the Street', BSE Member Ramesh Damani spoke with Shridatta Bhandwaldar, Head of Equities at Canara Robeco AMC, on his journey from an engineer to a fund manager.
He believes all businesses are cyclical however, the intensity of cycles are different.
"It is not that I have been aversion to cyclical businesses because fundamentally all businesses are cyclical. The intensity of cycles are different, some are deep cyclicals, some are narrow cyclicals, so one will have cyclicality in the earnings or in the balancsheets in most of the businesses," he explained.