Giving Wings to Penetrate into New Growth Horizons
The art of winning battles and conquering enemy territory has long been a traditional practice in the business world, however often taking the right step in the right front seems challenging at times, respective of financial and business decisions. Well, creating and helping maintain a personalized plan for investments over the long term in order to meet an individual's or organization’s key financial goals, here Portfolio managers cease the chance of heading the critical responsibility. Carving a detailed picture of the investments risks and positive possibilities in achieving an aspiring client’s end to-end goals, Portfolio Management professionals crucially take the lead and even reevaluating the actual performance of the portfolio over time ensure it is on track and redirect it if needed.
In the recent few years, as the market is witnessing pragmatic shift in the demands of Portfolio Management Services, the real propellers prove to be the increasing wealth of the Indian populace, the rise in high-net worth individuals, and an evolving regulatory landscape that fosters trust and innovation. Especially the rise in high net-worth individuals and their need for diversification beyond traditional investment products has contributed to a 15 percent year on-year gain in the asset base of portfolio management services accounting Rs.28.5 trillion at June-end 2023 and the industry is further expected to grow at 20-25 percent over the next 3-5 years, according to the experts report. Well, to help the aspiring individuals and entities in wealth management and mindful investment aspects, we are featuring our current edition, ‘10 Most Portfolio Management Service Providers – 2023’ listing some of the key players in the space. Do read through and relay to us you views on it!