India's high-net-worth investors aren't just asking about stocks anymore. At the ET Alpha Wealth Summit, a clear message emerged from the country's top wealth managers: the appetite for diversification, across asset classes and geographies, is deepening, and the industry is rapidly building the infrastructure to match it.
The panel discussion was on 'Global or Local? The New Allocation Reality'. Lakshmi Iyer, Group President, Investments, MD & CEO, Bajaj Alternate Investment Management Limited, Rahul Jain, President & Head, Nuvama Wealth, Devina Mehra, Founder & CMD, First Global and Sid Swaminathan, MD & CEO, JioBlackRock Asset Management Company, took part in the discussion that was moderated by Kshitij Anand, Editor-Markets & Finance, ET Digital.