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The ‘Sticky’ revenue moat: Why India’s top 3 wealth managers are printing record profits - financialexpress.com
The ‘Sticky’ revenue moat: Why India’s top 3 wealth managers are printing record profitsfinancialexpress.com
Another conglomerate sets eyes on India's wealth market
Godrej Investments has set up a wealth management unit, Godrej Wealth, to target India's affluent for ₹1 trillion in assets under management by 2031.
Pirojsha Godrej Bullish On Financial Services Business; Shares Godrej Capital Listing Plans
The group has set an ambitious target of managing Rs 1 lakh crore in assets under management (AUM) in its wealth management business over the next five years
ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators
Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over or if more is expected. Registrations are open.
Godrej Industries enters wealth management under financial services business
Godrej Industries entered the wealth management business under its financial services segment.
Quote of the day by Seth Klarman: "The challenge is whether you can invest in things that won’t be too bad on the day when the market turns"
Seth Klarman, a renowned investor, highlights a crucial investment challenge. He emphasizes preparing portfolios for market downturns, not just bull markets. This involves investing in resilient businesses with strong fundamentals. Such strategies protect capital during volatility. Long-term wealth creation depends on managing risk and enduring inevitable market shifts. Disciplined investing and downside protection are key.
ET Alpha Wealth Summit: Mastering the art of investing in turbulent times
Amidst global uncertainty, the ET Alpha Wealth Summit in Mumbai on June 4 will feature veteran investor S. Naren. He will share over three decades of experience navigating market crises, offering strategies to limit losses and identify growth opportunities.
Trent, Anand Rathi Wealth Set to Trade Ex-Bonus This Week; Check Key Dates
Apart from Trent,Anand Rathi Wealth Ltd. has also announced the record date for its 1:1 share allotment.
DK Shivakumar Set To Become India's Richest Chief Minister With Rs 1,413 Crore In Assets
His wealth also comprises investments, fixed deposits, and luxury assets, including high-end watches and accessories from global brands such as Rolex and Hublot.
Stay the course in equities; pharma and auto ancillaries remain attractive: Devina Mehra
Devina Mehra, Founder, Chairperson and Managing Director of First Global, continues to favour sectors such as auto components, automobiles and pharmaceuticals, which have remained key portfolio themes for more than two years.
Nifty has a positive undertone, but Street waits for a decisive breakout
Nifty is trading in a consolidation zone between 23,200 and 24,050. Analysts suggest buying on dips with a target of 23,900. Key sectors like banking and auto are showing strength. Specific stock recommendations include Tata Power, Sona BLW, L&T, Indian Energy Exchange, Nuvama Wealth Management, and Syrma SGS Technology for potential gains.
World's Top Wealth Hub: Hong Kong Dethrones Switzerland As Global Offshore Capital Moves East
Global cross-border wealth rose 8.4% last year to $15.7 trillion, while total financial wealth worldwide climbed 10.7% to $333 trillion.