Page 2 - High Networth Individuals

Glenmark Life's Rs 1,500 cr IPO subscribed 45x on strong HNI interest

Rolex Rings subscribed 9.3 times a day before close

Street signs: TTK Prestige rally, debt SIPs on the rise, and more

Investors, especially high net-worth individuals (HNIs), rely heavily on grey market signals for punting on any IPO

James Murdoch weighs tapping billionaire families for India investments

His Lupa Systems is looking for about $150 million each from fewer than half-a-dozen family offices.

World's richest people face tax squeeze after 40% rise in their fortunes

G-7's proposals part of global revival of initiatives to target the rich, from Buenos Aires to Stockholm to Washington.

China, India rise in wealth index, US remains world's ultra-rich hot spot

There are 60,000 ultra-high-net-worth individuals worldwide with a combined $22 trillion.

Heranba Industries IPO subscribed 83 times on strong HNI support

Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale

India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study

As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years

How a Bengaluru NGO raised Rs 220 crore for fight against coronavirus

How GiveIndia's campaign to raise Rs 220 crore for Covid relief gathered a momentum of its own pulling in many much-maligned segments of society

The school dropout who turned the business of managing wealth on its head

The man behind Zerodha has now made a mark catering out to ultra HNIs with a new outfit that takes forward the group's value proposition of transparency

Equitas SFB IPO subscribed two times even as HNIs give offer a miss

Institutional investor portion was subscribed 3.8 times, while the retail investor portion was subscribed 2 times

Likhitha Infrastructure IPO sails through after tweaks to structure

Garners 9.5x subscription; offer was to close Thursday but was extended due to shortfall in bids from QIBs even as retail portion saw strong demand

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

New AIF benchmarks may be coming soon, Crisil doing data collection

The data collection process is being carried out by CRISIL

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

High networth individuals flee mutual funds, run to direct equities

In the equity category, HNIs have shown a preference for investing directly in equities instead of through mutual funds

HNIs, family offices buy corporate bonds at high yields, reap benefits

The yields of some prominent companies are still at very high levels and high net-worth individuals and family offices, who are lapping up these bonds at very attractive rates, are reaping the benefit

Retail investors should worry about quality of funds, rather than size

Portfolio's quality, liquidity vital concerns in debt funds

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

The rise (and rise) of the family office

Unicorns are toppling older industrialists who have got quashed under debt and distracted diversifications

Nirmala Sitharaman's Budget 2020: Trust, the new mantra in tax policy

The Centre's commitment to reduce harassment of a sound taxpayer reaffirmed