FY19 was a roller coaster year for all investors including the super-rich. Credit market rumblings, equity market volatility and election uncertainty meant tepid returns and even losses in some cases.
With the hope of an economic revival and a strong majority government back in power, what will FY20 hold in store for the high net-worth individual (HNI) investors? What is the right asset class mix? What are the products one can look at and what is the risk mitigation approach to keep in mind?
We raise all these issues with Anshu Kapoor, head, Edelweiss Private Wealth Management and Gaurav Awasthi, senior partner, IIFL Wealth Management.