| Most Indians stick to traditional investment avenues like equities and bonds. At best, some of them would add some gold to their portfolios. However, an increasing number of wealth managers are now advising high net worth individuals (HNIs) to diversify their portfolios into alternative assets.
Direct real estate, gold ETFs, unlisted private equity, structured products and direct art are some of the alternative assets that are recommended to rich clients. Alternative assets account for 29,565 crore, or a mere 0.34% of individual wealth in India...............................................Full Article: Source
|