Citywire 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 wealth management solutions for their INR assets using its onshore platform,’ he told Citywire Asia.
The Indian investment opportunity, according to Gupta, is a multi-decade structural story, predicated on favourable demographics, strong economic fundamentals, and a stable political environment.
He said to a global investor, India presents attractive long-term investment opportunities across the investment landscape in equities, fixed income and alternate asset classes.
‘These opportunities are best accessed through an onshore origination, diligence and advisory platform. Hence, we believe there is already a significant demand from HNW investors globally.’