Sanctum Wealth Names Ravi Malani PMS Head for INR50,000 Crore Platform
Updated
Updated · Hubbis · Aug 17
Sanctum Wealth Names Ravi Malani PMS Head for INR50,000 Crore Platform
3 articles · Updated · Hubbis · Aug 17
Summary
Ravi Malani has joined Sanctum Wealth in Mumbai as head of portfolio management services, reporting to Roopali Prabhu and taking a seat on the firm's investment committee.
33 years of financial-services experience underpins the hire, with Malani arriving from Klay after senior roles at Credit Suisse, BNP Paribas Wealth Management, Barclays Wealth Management and Kotak Securities.
Sanctum said Malani will lead its PMS business, including the Indian Olympians and Indian Titans strategies, as well as tailored discretionary and non-discretionary portfolio management offerings.
INR50,000 crore in client assets makes PMS a key growth pillar for Sanctum, which serves more than 1,700 high-net-worth families from six India branches.
How will Ravi Malani's extensive equity background disrupt Sanctum Wealth's traditional asset allocation framework for high-net-worth non-resident Indian investors?
With SEBI poised to overhaul PMS rules, is Sanctum Wealth's appointment of a 33-year veteran a strategic masterstroke to dominate India's evolving HNWI market?