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The Economic Times
The Economic Times

ET Alpha Wealth Summit | Go for global allocation in a deliberate manner; not as a knee-jerk reaction to short-term underperformance: Rahul Jain

Rahul Jain India Devina Mehra the ET Alpha Wealth Summit First Global Nuvama Wealth

The question dominating India's wealth management circles has quietly shifted. For years, high-net-worth individuals (HNIs) defaulted to domestic markets. At the ET Alpha Wealth Summit, held in Mumbai recently, top wealth managers confirmed what many suspected: global diversification is no longer a fringe conversation, it's entering the mainstream.

The panel discussion was on the topic 'Global or Local? The New Allocation Reality'. Rahul Jain, President & Head, Nuvama Wealth Lakshmi Iyer, Group President, Investments, MD & CEO, Bajaj Alternate Investment Management Limited, 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.

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