New Assets For Billionaires
The uber-rich are gravitating towards contemporary asset classes such as late-stage PE funds and private debt. Here's how they are managing their investment portfolios.
The uber-rich are gravitating towards contemporary asset classes such as late-stage PE funds and private debt. Here's how they are managing their investment portfolios.
Investment vehicles operated by billionaires and ultra HNIs are expected to contribute around 30% of the estimated $100 billion to be raised by startups in India by 2025.
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
But a decline in revenue and profitability will impact Indian corporations’ ability to contribute to the social sector through CSR activities.
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.