Page 2 - Hnis

HNIs tap new ways to protect debt investments amid record fund raising

Many are looking at covenants previously available only to institutions, such as first loss default guarantees. Covered bonds also gaining in popularity

Hong Kong-based PAG picks 51% stake in Edelweiss Wealth for Rs 2,200 cr

PAG has been an active investor in the Asian region and most of its deals involve taking control as is the case with the latest Edelweiss investment

Equity schemes clock largest outflows in 7 years as redemptions pick up

Gold ETFs drew largest monthly flows in five months amid risk-aversion

Street signs: Nifty in bullish territory, HNIs look to break even, and more

Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription

BS READS: Zerodha's run to top is made of more than just 'free' brokerage

The company's tight-aggressive business model has done well so far, but with other players, both traditional and new, smelling an opportunity, there could be a very fascinating game ahead

HNIs turn to low-return products; tax-free bonds, FDs preferred choices

Tax-free bonds, FDs, RBI 7.75% bonds, gilt funds preferred choices

HNIs steer clear of illiquid investments after Covid-19 outbreak

Market-linked debentures and credit risk funds - two products to have grown popular in the past two years - have fallen out of favour since the outbreak

HNIs net buyers amid volatility with Rs 1,392-cr inflows in 15 sessions

The bulk of the buying by value is likely to be from HNIs, a market expert said

HNIs flock to commercial properties as residential market slows down

Strata sales in the top five cities last year were worth Rs 6,000 crore

Premium cards that cater to the snobbery of India's HNIs and ultra-HNIs

These products come with special privileges for travel, shopping, golf, and other services. A few are exclusive or invite-only, others are available for a high fees

Retail investors forfeit Rs 1.33 trillion since Budget; m-cap falls 10%

Combined market cap of listed firms down Rs 14.8 trillion

India's wealthy to double their riches to Rs 188 trn in 5 years: Report

India's population of high net worth individuals (HNWIs) is set to grow by 86 per cent by 2021, with the value of the wealth surging to ~188 trillion from ~95 trillion at present.Globally, the number of HNWIs (those worth more than $1 million or ~71.3 million) is set to increase by 40 per cent over the same period. India's wealthy population is expected to grow10th fastest in the world, on a list dominated by emerging economic powers, with Iceland representing the only developed economy in the top 10.These are the key findings of India's Quantum Leap, a joint report by IIFL Wealth Management Wealth and Wealth-X, the leading providers of global data and insight into the wealthy. Five hundred HNWIs, each with wealth worth ~65 million or more, were interviewed for the report.The rich in India grew by 9.4 per cent to 284,140 in number between 2015 and 2016, and their wealth rose by 7.4 per cent. Over the past five years, this HNW population has grown by just a little less than 40 per ...

India home to 236,000 millionaires, to touch 554,000 by 2025

According to the India 2016 Wealth Report, unlike most other countries, India has performed "very well" in terms of wealth performance since 2007

HNIs can make money if Quess Corp lists around Rs 470

If shares of Quess Corporation list below 50 per cent premium, investors with leveraged bets may end up losing money. The portion reserved for high net worth individuals (HNIs) in the Quess Corporation's initial public offering (IPO) was subscribed over 390 times.The break-even cost for these investors, as back of the envelope calculations show, works out to Rs 470 a share for those who have applied with borrowed money. That's over 47 per cent premium to the issue price of Rs 317 a share. However, Quess may rise 60 per cent on listing if grey market premiums are anything to go by.RBS' call goes horribly wrongOn January 8, the advice of Andrew Roberts, head of European economics at RBS, stumped many brokerages and fund managers. The RBS team predicted that things looked similar to that of 2008, and advised investors to sell everything except high-quality bonds. Six months later, RBS' prediction seems to have gone terribly wrong.Since January, Brent crude oil is up 39 per cent, the S&