S Naren, executive director at ICICI Prudential AMC , believes that asset allocation is very important as shares race to record highs almost every day. The lights are not flashing red yet, he says using a traffic light analogy. But they are not green either. They are yellow, which means investors need to look on all sides and invest carefully. In a wide-ranging interview with Prashant Mahesh, Naren says peak equity valuations will come in the next few years and worri ..
