In this video, Bénédicte Kukla reveals how the era of cheap capital is over — and why investors need to adjust.

After more than a decade of ultra-low rates, the cost of capital is rising and likely to stay higher for longer.

That changes everything: selectivity matters again. In this environment, markets will increasingly reward companies and economies that can convert investment into real growth — with strong productivity, resilient cash flow, and sound balance sheets. That is why themes like India’s structural growth story and the return of long-term bond yields deserve close attention.

Discover how quality growth becomes the ultimate differentiator in a world where capital is no longer abundant.

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