For a new generation of Indian family offices managing the wealth of freshly minted tech and startup billionaires, real estate no longer holds the bragging rights it once did. Their new buzzwords: stocks, private equity, alternative assets, REITs, InvITs, and startups.
It's not that family offices have completely ruled out real estate investments, but the number of such clients heavily focused on direct real estate investments is steadily shrinking, according to wealth management and family office executives Mint spoke with.
"There was a time when clients would brag about their most recent real estate acquisition. We believe those bragging rights have shifted," said Sunil Sharma, chief investment strategist, Ambit Global Private Client, the wealth management arm of financial advisory firm Ambit. "Clients today are far more interested in bragging rights about their most recent private equity investments."
هذه القصة مأخوذة من طبعة November 30, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 30, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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