HNIs want to diversify; create an offshore portfolio: Citi's Sameer Kaul

Younger clients are more aware and keen to invest into new age technologies such as Artificial Intelligence (AI) and machine learning, he says

The steady rise global equity markets over the years has been a big draw for investors. SAMEER KAUL, managing director and head of Citi Private Bank, India tells Puneet Wadhwa that there is a significant increase in the number of families who wish to diversify their portfolio. Some families have children studying abroad and are considering purchasing property there, he says. Edited excerpts:

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Our bankers’ focus on our clients’ individual needs and offers a suite of mutual funds, fixed income, structured products and alternative investments. We do not