Where the rich are investing - 2019

Roundtable with India's leading private wealth advisors

An exclusive roundtable with India's leading private wealth advisors at Outlook Business Upper Crest - Part 1

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Published 2 years ago on Nov 27, 2019 5 minutes Read
Faisal Magray

Outlook Business (OB): Welcome to the 8th Outlook Business annual private wealth roundtable. Last year when we met, everyone was optimistic about 2019, but the run of it has hardly been comforting. So, where did the script go awry?

Oisharya Das, CEO, Kotak Wealth Management, Kotak Mahindra Bank: Undoubtedly, it has been a challenging period, especially with the credit crisis playing out. Clients are still risk-averse and looking at safer havens. We have been very cautious on the credit space. Today, an investor is looking at high quality conservative debt for preservation and not for returns. After the corporate tax cut, we went overweight, but investors chose to stay neutral. 

Oisharya Das, Kotak Mahindra BankYatin Shah, IIFL Wealth

 

Atinkumar Saha, head-wealth management, Deutsche Bank: We have stayed conservative with a ne

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