Indian Wealth Management Forum 2019 - Highlights - G Pradeepkumar

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

The market offers excellent opportunities for asset managers as of today. First of all, it's hugely under-penetrated, as of today, so there is a lot of scope for reaching out to new investors, particularly in some of the smaller towns and cities, so that's a great opportunity. As far as challenges are concerned, I would say that that itself is a challenge as well, because India is a geographically worse country: different cultures, different languages, so reaching out is not all that easy. If we can manage or put in place a distribution mechanism and a model which will allow you to reach out to a larger number of investors, I think the market offers tremendous opportunities.

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