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Indian wealth manager recruits female director

Citywire Asia, Sep 13, 2019

Mumbai-based Sanctum Wealth Management has recruited an executive from Axis Bank, the country’s third-largest private lender. Sarita Kamat joined as executive director, relationship management in September. She reports to Puneet Periwal, a market head who oversees the western region. Kamat brings more than 25 years of experience in wealth management, mutual fund distribution, and advisory…

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Wealth managers unearth value in smaller towns to beat the slowdown blues

Business Standard, Sep 10, 2019

Prateek Pant, head of product and solutions at Sanctum Wealth Management, had his team visiting Gujarat for a few years to service clients there; and earlier in 2019 decided to create a more permanent base. “We went to Ahmedabad and opened up a branch there earlier in the year,” he said, adding that he is…

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How realty funds burnt a hole in investors’ pockets

MINT, Sep 9, 2019

• Slowdown in the sector and poor selection of projects seem to have hit them hard • Apart from physically buying a flat or land, you can invest in the real estate asset through NCDs, AIFs or REITs It all begins with a smooth pitch delivered either at your home or in an expensive café….

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Serious erosion of confidence in HNIs: Co-founder of Sanctum Wealth Mgmt

Hindustan Times, Aug 20, 2019

Mumbai: Last week at the Red Fort, in the Independence Day speech, Prime Minister Narendra Modi said that wealth creation is a great national service. “Let us never see wealth creators with suspicion. Only when wealth is created, will wealth be distributed. Those who create wealth are India’s wealth and we respect them,” Modi said….

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