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Sanctum launches portfolio management service

The Hindu Business Line, Sep 19, 2016

Mumbai, Sept 19: Sanctum Wealth Management has launched Portfolio Management Service to offer unique solutions for clients planning long-term investment goals.

“The PMS not only broadens and deepen our offering, but also leverage tactical opportunities for our clients whilst maintaining the discipline of a long-term portfolio management approach, in a systematic and structured way,” said Shiv Gupta, CEO, Sanctum Wealth Management.

Created through the transfer of RBS’ India private banking business, Sanctum Wealth Management offers a range of bespoke products and services to high networth and ultra high networth investors.

“We expect to build a significant book for the new offering and create a foundation for effective relationship between the client and portfolio manager,” he added.

The PMS offering will be headed by Prateek Pant, Head – Products and Solutions, Sanctum Wealth Management.

“Our flagship equity discretionary offering would be a concentrated high quality portfolio of 10-12 stocks while Smart Solutions strategy would be an equity portfolio driven by techno-fundamental ideation suitable for aggressive and absolute return-oriented clients,” Pant said.