Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds among investors. This has created a massive demand-supply gap and has shifted investor interest towards Gold ETFs,” said Mayank Bhatnagar, co-founder and COO, FinEdge. HNI and retail investors' interest “Gold ETFs have witnessed a sharp rise in popularity throughout …
As the awareness and demand for term insurance gain momentum, Policybazaar has observed a steadily growing preference among High-Net-Worth Individuals for high-value insurance coverage. This shift is visible through an increasing number of HNIs opting for high-value policies of Rs 20 Crore over the last few years, the insurance marketplace said. Sarbvir Singh, joint group CEO, PB Fintech, said, “We …
The estimate comes courtesy of the Henley Private Wealth Migration Report 2023. Indian Express quoted Sunita Singh-Dalal, Partner, Private Wealth & Family Offices at Hourani, as saying that “prohibitive tax legislation coupled with convoluted, complex rules relating to outbound remittances that are open to misinterpretation and abuse, are but a few issues that have triggered the trend of investment migration …