10.10.2019

Capital Market: Listing of IIFL…

Shares of IIFL Wealth Management hit an upper circuit limit on the day of listing. Capital Market mentions this in its latest October issue.  

Mint

07.10.2019

Rather than wealth creation, most…

On 19 September, IIFL Wealth Management Ltd, part of the larger IIFL Group, became India’s first major stand-alone listed wealth…

Mint

03.10.2019

Bharat 22 ETF opens on 4 Oct:…

The government is coming up with a fresh tranche of Bharat 22 ETF for individual investors. The issue will be open to…

Cafe Mutual

02.10.2019

IIFL Wealth to offer global health…

IIFL Wealth has collaborated with ManipalCigna Health Insurance Company to offer global health insurance coverage to HNI clients…

The Print

27.09.2019

Need to balance EQ and IQ to be…

Speaking at ThePrint’s Democracy Wall, Shah, Co-Founder and Executive Director of IIFL Wealth & Asset Management, says hard…

Economic Times

26.09.2019

Mukesh Ambani richest Indian with…

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net…

Mint

25.09.2019

Hurun Rich List 2019: Mukesh…

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of ₹3,80,700 crore, according to the latest IIFL Wealth Hurun India Rich List. London-based SP Hinduja & family, with assets worth₹1,86,500 crore, retained the second rank in the list, followed by Wipro founder Azim Premji at the third place with a wealth of ₹1,17,100…

Times Now

25.09.2019

Mukesh Ambani named richest Indian…

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a net worth of Rs 3,80,700 crore, according to the latest IIFL Wealth Hurun India Rich List. London-based SP Hinduja & family, with assets worth Rs 1,86,500 crore, retained the second rank in the list, followed by Wipro founder Azim Premji at the third place with a wealth of Rs 1,17,100 crore. According to the…

CNBCTV18

25.09.2019

IIFL Wealth-Hurun India Rich List…

IIFL Wealth-Hurun India Rich List for 2019 said Mukesh Ambani, chairman of oil-to-telecom conglomerate Reliance Industries, continued to be India's richest man for the eighth consecutive year. With a total net worth of Rs 3.8 lakh crore, Ambani was India's richest man in 2019 followed by London-based SP Hinduja and family with assets worth Rs 1.86 lakh crore. Wipro founder Azim Premji and Lakshmi Mittal, chairman and CEO of…

Outlook India

25.09.2019

Mukesh Ambani richest Indian with…

Reliance Industries' Chairman Mukesh Ambani has topped the list of richest Indians for the eighth consecutive year, with a…

Financial Express

24.09.2019

Govt reforms positive, but trade…

Even as the economic reforms announced by Finance Minister Nirmala Sitharaman over the past few weeks are expected to boost the…

The Asset

23.09.2019

IIFL Wealth and Asset Management…

IIFL Wealth and Asset Management, the first homegrown wealth management firm to be listed on the stock exchange, made its debut…

Asian Private Banker

20.09.2019

IIFL Wealth debuts on NSE

IIFL Wealth and Asset Management has gone public, listing on the National Stock Exchange of India (NSE) today with an opening price tag of Rs 1,210. The wealth manager is the first in India to go public, and its shares — listed with the ticker IIFLWAM — quickly hit the 5% upper circuit price of Rs 1,270.50. According to its half-year financial results, IIFL’s wealth management business — comprising discretionary, nondiscretionary,…

Mint

20.09.2019

IIFL Wealth makes good debut as…

IIFL Wealth Management Ltd made its debut on the bourses, listing at₹1,210 and hitting the upper circuit of 5% At the current price, its shares are valued at price-earnings multiple of 28 times its FY19 earnings IIFL Wealth Management Ltd made its debut on the bourses, listing at ₹1,210 and hitting the upper circuit of 5%. Investors seem to be focusing on the potential of growth for wealth management firms in the country. As…

Moneycontrol

19.09.2019

IIFL Wealth lists at Rs 1,210,…

IIFL Wealth shares are available in trade for trade (T to T) segment for 10 trading days from the date of commencement of trading. IIFL Wealth Management shares debuted at Rs 1,210 on the National Stock Exchange on September 19, against previous close of Rs 417.45 derived after demerger. The stock was locked at 5 percent upper circuit at Rs 1,270.50 on the NSE while it froze at Rs 1,260 on the BSE, up 5 percent against opening price…

ET Now

19.09.2019

IIFL wealth's fund raising…

Karan Bhagat of IIFL Wealth Ltd says that the company is thankful for the support of all its shareholders and employees. From a…

Business Today

19.09.2019

IIFL Wealth stock lists at Rs 1,…

IIFL Wealth Management stock made a strong debut on BSE and NSE today. The stock listed at Rs 1,210 on NSE against previous close of Rs 417.45 derived after demerger. On BSE, IIFL Wealth Management listed at Rs 1,200 and later hit upper circuit of 5 % to hit Rs 1,260. Market capitalisation of the stock stood at Rs 10,725 crore on BSE. IIFL Wealth traded with volumes of 1.5 lakh shares on NSE and 36,000 shares on NSE. In 2018, IIFL…

Economic Times

19.09.2019

IIFL’s wealth management arm to…

IIFL Wealth has an asset under management of Rs 1.35 lakh crore under wealth management. IIFL Wealth and Asset Management, the…

Economic Times

19.09.2019

Expect AUM growth of 20-30% in…

We believe we have a good mix of client relationships and a set of relationship managers who have a deep expertise in managing…

Bloomberg Quint

19.09.2019

IIFL Wealth Closes At Rs 1,270.50…

The wealth management unit of IIFL Holdings Ltd., which the financial services group spun off to unlock value, listed at higher-than-estimated price. The stock was locked in upper circuit of 5 percent to close at Rs 1,270.50 a share. IIFL Wealth Management Ltd., India’s third-largest manager of money for the rich with Rs 1.36 lakh crore assets, started trading on its market debut at Rs 1,210 apiece. Kotak Securities had pegged the…

Mint

11.09.2019

PMS took off after entry loads in…

The capital markets regulator Securities and Exchange Board of India (Sebi) has come up with a new set of proposals with the aim…

Business Standard

11.09.2019

Wealth managers unearth value in…

Prateek Pant, head of product and solutions at Sanctum Wealth Management, had his team visiting Gujarat for a few years to…

Economic Times

06.09.2019

5 CIOs talk about the toughest…

  ETCIO spoke to 5 top CIOs to understand what were the toughest decisions in their careers. Here's what they have to say…

Cafe Mutual

12.08.2019

VCs eye tech-driven companies

Industry observers believe that venture capital firms are increasing their exposure to innovation generated technology sector…

Financial Express

09.08.2019

Wealth creation in smaller cities…

The sustained economic expansion has created enough wealth over the last decade, boosting the prospects of wealth management…

Outlook Money

06.08.2019

Refashioning Finance in India

Digital disruption has altered India’s finance landscape considerably. From angootha-chaap to verifying everything with your…

Asian Private Banker

29.07.2019

IIFL WM’s Papneja on advisory…

IIFL Wealth Management not only ranks as one of India’s largest and fastest-growing wealth managers but has continued to set the…

BW BusinessWorld

23.07.2019

IIFL Wealth & Asset Management…

IIFL Wealth & Asset Management (IIFL WAM) has announced the appointment of Anshuman Maheshwary as its Chief Operating Officer…

Asian Private Banker

23.07.2019

IIFL Wealth & Asset Management…

IIFL Wealth & Asset Management has appointed a former A.T. Kearney partner as COO with immediate effect. With over two…

Cafe Mutual

19.07.2019

IIFL Wealth appoints Anshuman…

IIFL Wealth & Asset Management has appointed Anshuman Maheshwary as its Chief Operating Officer. He will work closely with…

VCCircle

19.07.2019

IIFL Wealth hires AT Kearney…

IIFL Wealth & Asset Management, the wealth management arm of financial services firm IIFL Group, has hired a former partner…

Mint

18.07.2019

Fifth CPSE ETF tranche set to open…

The fifth tranche of Central Public Sector Enterprises exchange-traded funds (CPSE ETFs) is opening for subscription for retail…

Business Standard

17.07.2019

Portfolio managers pin growth…

The Rs 13-trillion portfolio-management services industry, which has grown steadily over the past few years, is pinning its hope…

Mint

09.07.2019

Budget 2019 brings no relief to…

Finance minister Nirmala Sitharaman had little to offer to small taxpayers in her maiden budget announced on 5 July,…

FirstPost

05.07.2019

Union Budget 2019: From tax cuts…

Union Budget 2019-20 will be presented by Finance Minister Nirmala Sitharaman on 5 July. The industry is looking forward to a…

Mint

04.07.2019

Inputs by Yatin Shah on budget…

Strong mandate brings policy continuity and introduction of bold new reforms, which will lead to development - Yatin Shah, Co-…

Outlook Money

04.07.2019

Budget 2019: What To Look For?

By Vinay Ahuja, Senior Managing Partner, Head, Markets – Mumbai & Chennai, IIFL Wealth The re-election of the BJP-led…

Mint

04.07.2019

Indian fund managers see earnings…

Indian wealth and alternative investment managers expect the next federal budget to propose measures that will improve…

BW BusinessWorld

03.07.2019

How GenNext Is Changing Wealth…

By Sandeep Jethwani, Managing Partner and Head of Advisory, IIFL Wealth “When money realizes that it is in good hands, it…

ET CIO from Economic Times

03.07.2019

Abhishek Chandra featured on ET…

1, I like being a CIO because... It gives me a constant opportunity to resolve business challenges and innovate our businesses…

Asian Private Banker

19.06.2019

IIFL WM makes strategic investment…

India’s IIFL Wealth Management has made a strategic investment of an undisclosed amount into CerraCap Ventures Fund II from…

Citywire Asia

17.06.2019

Mumbai wealth manager makes yet…

Mumbai-headquartered IIFL Wealth Management has invested in CerraCap Ventures' namesake venture capital fund dedicated to…

PE Hub

14.06.2019

IIFL Wealth invests in CerraCap…

IIFL Wealth Management Ltd has invested in CerraCap Ventures Fund II. Financial terms weren’t announced. CerraCap, of…

VCCircle

14.06.2019

IIFL Wealth makes LP-style bet on…

IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings Ltd, has made a Limited Partner-style investment…

DealStreet Asia

14.06.2019

CerraCap Ventures secures…

India’s IIFL Wealth Management Limited. has injected an undisclosed sum in the second fund of California-headquartered…

Business Standard

14.06.2019

CerraCap Ventures secures…

CerraCap Ventures, a leading early stage technology venture capital firm, today announced a strategic investment of an…

Asia One

13.06.2019

CerraCap Ventures secures…

CerraCap Ventures, a leading early stage technology venture capital firm, today announced a strategic investment of an undisclosed amount from a unit of IIFL Wealth Management Limited (IIFL Wealth), in CerraCap Ventures Fund II. Saurabh Ranjan, Managing Partner CerraCap Ventures, said, "We are honored to have IIFL Wealth as part of our distinguished list of Limited Partners and look forward to a strategic relationship with them."…

Economic Times

10.06.2019

Can Modi 2.0 put the economy and…

Authored article by Anirudha Taparia, Executive Director, IIFL Wealth The outcome of the 2019 general elections marked the end…

Business Standard

07.06.2019

Get your slice of the start-up pie

Wealthy Indian investors are increasingly looking at opportunities to get involved in startup companies. And they have started…

Financial Express

04.06.2019

With RBI rate cut on cards, where…

With the GDP growth hitting a 20-quarter low at 5.8 per cent in 4QFY19, apart from multi-decade high joblessness, distressed…

Market Currents

27.05.2019

Indian Family Office Investors…

As India, the world’s largest democracy, enters the final phase of a historic election, business leaders and family office…

Economic Times

10.05.2019

Look where HNIs are parking money…

When Indian stocks were rallying this March-April to hit new peaks, the country’s high net-worth individuals, or HNIs, were…

Asian Private Banker

08.05.2019

Half of IIFL-ONE clients choose…

India’s IIFL Wealth Management has seen some 50% of its clients on its IIFL-ONE platform choose discretionary portfolio…

Outlook Money

08.05.2019

Start Early to Reap Long-Term…

By Yatin Shah, Co-Founder, Executive Director, IIFL Investment Managers It Is often said that where one road ends, another…

Outlook Money

03.05.2019

The Curious Case Of Missing Alpha

By Umang Papneja, Senior Managing Partner and CIO, IIFL Wealth Management There is more to the equity markets than what meets…

Asian Private Banker

26.04.2019

IIFL WM sees RM headcount rise…

Amid a hiring landscape characterised by brow-raising mass hires and team moves, India’s IIFL Wealth Management has seen its…

DNA

16.04.2019

New-gen wealthy investors prefer…

By Vinay Ahuja, Senior Managing Partner, IIFL Wealth There is a significant change in the way the new generation of wealthy view…

Financial Express

05.04.2019

Want to become rich? Here’s how…

By Shaji Kumar Devakar, Managing Partner, IIFL Wealth In the current maelstrom of political uncertainty, trade-war fears and…

Economic Times

03.04.2019

MCX makes first-ever delivery of…

The delivery was given by Indu Corporation, through IIFL Wealth Management, while the buyer was Phoenix Industries. Multi Commodity Exchange of India Ltd. (MCX) on Tuesday made the first-ever delivery of its aluminium futures contract. A successful pay-in and pay-out of the contract concluded today for a quantity of 10 MT (2 lots). The contract was settled with no delivery defaults. The delivery was given by Indu Corporation Ltd.,…

The Hindu Business Line

03.04.2019

MCX settles first aluminium…

Multi Commodity Exchange executed delivery of 10 tonnes (2 lots) of aluminium under the first compulsory delivery futures contract on Tuesday. The delivery was given by Indu Corporation, through IIFL Wealth Management, while the buyer was Phoenix Industries via Motilal Oswal Financial Services. The LME-approved 99.97 per cent purity ingot was delivered at the MCX approved warehouse at Bhiwandi, Thane district. The delivery was…

Free Press Journal

03.04.2019

MCX delivers under aluminium…

Multi Commodity Exchange of India Ltd. (MCX), exchange in the commodity derivatives segment, crossed another milestone with the first-ever delivery of its Aluminium futures contract. A successful pay-in and pay-out of the contract concluded on Tuesday for a quantity of 10 MT (2 lots). The contract was settled with no delivery defaults. The delivery was given by Indu Corporation Ltd., through IIFL Wealth Management ltd, while the buyer…

Entrepreneur

28.03.2019

#4 Things to Keep in Mind While…

As wealth continues to grow in the country, investors have started to look at new shores to support their growth trajectory. This…

People Matters

19.03.2019

Here’s how companies are retaining…

By Anirban Banerjee, Senior Partner, Human Resources at IIFL Wealth The wealth management industry in India has grown…

Hindustan Times

19.03.2019

REITs: An option to invest in…

India’s first Real Estate Investment Trust (REIT), Embassy Office Parks REIT, will open its initial public offering (IPO) on Monday and will close on March 20. At a price band of Rs.299 to Rs.300, Embassy REIT will issue units aggregating up to Rs.4,750 crore.  To invest, you need to bid for a minimum of 800 units and in multiples of 400 units. The units of the Embassy REIT are proposed to be listed on the National Stock Exchange…

Business Today

15.03.2019

Riding the volatility wave in the…

By Umang Papneja, Senior Managing Partner and Chief Investment Officer, IIFL Investment Managers It is imperative to be…

Economic Times

15.03.2019

NCLT approves demerger of IIFL…

The National Company Law Tribunal (NCLT) has approved the proposed demerger of Fairfax-backed IIFL Group, which paves the way for listing of three entities — IIFL Finance, IIFL Wealth and IIFL Securities on the bourses within 60 days. As per the arrangement, for every seven shares of IIFL Holdings — the listed company — a shareholder will get seven shares each of IIFL Finance and IIFL Securities, and one share of IIFL Wealth. As per…

Outlook Money

15.03.2019

Breaking Down The Glass Ceiling

For the last two decades, India saw a lot of women grabbing the top financial jobs. But, after Arundhati Bhattacharya, Vani Kola…

Entrepreneur

07.03.2019

Why Alternative Funds are a Hit…

As India continues to create wealth, retail investors have started looking at option beyond mutual funds, real estate, equities,…

Economic Times

06.03.2019

Time to Nibble On Mid- and Small-…

By Umang Papneja, Senior Managing Partner, IIFL Investment Managers The simple answer to “When to invest?” is “Now”. However,…

Financial Express

06.03.2019

How wealth management firms are…

By Sandeep Jethwani, Partner and Head of Advisory at IIFL Investment Managers One of the best ways by which the industry…

BW BusinessWorld

05.03.2019

Need For Wealth Managers To…

By Anirudha Taparia, Executive Director, IIFL Investment Managers This guidance can come from wealth managers who not only…

DNA

28.02.2019

Opt for structured products amid…

By Vinay Ahuja, Senior Managing Partner, IIFL Wealth Management Defined benchmark returns, capital protection, known maturity…

VCCircle

15.02.2019

Mankind Pharma, IIFL Wealth, Byju…

Drugmaker Mankind Pharma Ltd, ed-tech venture Byju's, homegrown private equity firm ChrysCapital and global alternative asset…

Cafe Mutual

12.02.2019

Current trends in HNI investing

By Anirudha Taparia, Executive Director, IIFL Wealth The year 2018 was volatile and replete with political as well as…

YourStory

08.02.2019

How do investors identify a…

At TiECon 2019, investors focused on what makes a company with 'unicorn' potential stand out from the crowd, and the traits a…

Mint

05.02.2019

Will tax benefits announced in…

Umang Papneja, Senior Managing Partner, IIFL Investment Managers   The Budget is aimed at benefitting the salaried class…

Euromoney

31.01.2019

India's wealth managers find…

India’s leading private banks are adapting to a rapidly shifting landscape, as vast amounts of new wealth are created in new…

Moneycontrol

25.01.2019

India on brink of quantum leap in…

India is expected to be on brink of a quantum leap in wealth generation with the number of wealthy Indians and their affluence…

Business Today

23.01.2019

Budget 2019: 5 key expectations…

Pleasing a nation of 1.3 billion people is an unenviable task. Yet, when the finance minister unveils his last budget of the…

Bloomberg Quint

15.01.2019

How These Portfolio Managers…

A handful of wealth managers beat the benchmarks even as small and mid-cap rout dragged India’s top portfolio management firms into losses in 2018. DMZ Partners Investment Management Ltd., Multi-Act Equity Consultancy Pvt. Ltd. and IIFL Wealth Management Ltd. were among the managers which returned gains more than the Sensex and Nifty last year. While the strategies they followed were disparate, the focus on quality was the common…

Morningstar

11.01.2019

What do the super-rich expect from…

India’s wealthiest people on average employ two wealth managers and their primary criteria for choosing them are a compelling…

Business Standard

09.01.2019

Wealthy investors re-thinking…

Wealthy or high net-worth individuals (HNIs) are doing a rethink on their real estate exposure and actively looking at reducing…

Mint

09.01.2019

Fear of losing money, terrorism…

Though the wealthy are positive about the future of the economy, there’s a lot of domestic as well as international political…

Moneycontrol

02.01.2019

MFs most preferred asset class for…

It is not just retail investors who put their hard earned money in mutual funds, HNIs or high net worth individuals also prefer…

Mint

02.01.2019

Predictions 2019: GDP, inflation,…

Umang Papneja, Senior Managing Partner, IIFL Investment Managers Certain sectors could see an earnings turnaround, leading to…

DNA

02.01.2019

Wealth management to become fee-…

By Sandeep Jethwani, Managing Partner, Head - Advisory, IIFL Investment Managers In the rapidly evolving wealth management…

Business Today

Budget 2019: 5 key expectations…

Pleasing a nation of 1.3 billion people is an unenviable task. Yet, when the finance minister unveils his last budget of the…