Mumbai, Apr 4, 2018
Indian private equity firm, Multiples is investing INR 73 crores in Sanctum Wealth Management, a Mumbai-headquartered wealth management company that operates across five major cities in India. The deal is subject to regulatory approvals. The funds will be used to strengthen Sanctum’s operating platform and to significantly increase Sanctum’s client coverage. Sudhir Variyar, Managing Director…
Read MoreMint, Jan 4, 2018
Investors should determine their asset allocations based on an assessment of their risk appetites and time horizons Year 2017 was characterized by spirited equity markets driven by structural reforms, burgeoning domestic flows, and consumer-driven credit growth. However, given the negative rhetoric around some of the reforms, mainly due to the pain felt by consumers and…
Read MoreAsian Private Banker, Dec 20, 2017
Sanctum Wealth Management (WM), the RBS India spinoff, has become the latest firm to adopt a “global Indian” strategy – an approach that is becoming increasingly popular with foreign private banks doing business in India. The Mumbai-headquartered wealth manager is “well positioned to tackle the non-resident Indian (NRI) and foreign market” through its newly-established international…
Read MoreCitywire Asia, Nov 17, 2017
CEO Shiv Gupta said the firm will operate in a set of key locations, starting with Dubai, Singapore and Hong Kong, and will look to partner international firms who are seeking access to differentiated India investment opportunities for their clients. ‘In addition, Sanctum will sharpen its focus on NRIs, where it already provides them with…
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