Learn wealth management from the experts at the 6th India Wealth Management Conference

Financial wellness is every good manager's plan, and for effective wealth management, they need to excel and keep up with the trends. Whether you're an institutional or a retail investor, the pressing question on everyone's mind is, "How do I effectively manage my wealth in the pandemic?" The answer is in the 5th India Wealth Management Conference, 2020.

The theme of the 5th India Wealth Management Conference was 'Wealth Management in a Post Covid World'. The discussions explored how we should integrate the pandemic's impact with technology and digitalisation to meet the goal of managing our wealth. The two days of sessions featured global leaders from different industries.

A keynote speaker, Amitabh Chaudhary, MD & CEO of Axis Bank, reminded us that technology would be the heart of all businesses and "All the niches of today will become the commodity of tomorrow." He advised the audience to listen closely to their clients and provide reassurance when markets are volatile.

Michele Wucker, Founder and CEO at Gray Rhino and Company, used Kodak as an excellent example of how a company failed to acknowledge technological advancements. She described this behaviour as a "grey rhino" condition – in other words, the tendency to ignore risks now and panic later.

The process comprises five stages: denial, modelling, diagnosis, panic or urgency, and action. She considers water, corruption, infrastructure, and adaptability to be the big grey rhinos of the future.
Sir John Kay, the author of Radical Uncertainty – Decision-Making for an Unknowable Future, focused on understanding the distinction between risk (subjective) and uncertainty (unpredictable). He noted that radical uncertainty is being aware of something in the future but not enough to make decisions confidently. "How can one prosper in life?" asked Sir John. His golden rule is: "Manage risk; embrace uncertainty". Why? Because "Uncertainty is what makes life more rewarding."
What to look forward to
The essence of portfolio management is the management of risks, not the management of returns.
- Benjamin Graham, American economist

The idea behind these words is simple: pick your fights with insight. Craft a favourable risk-reward ratio while managing your assets. And the 6th India Wealth Management Conference, with its theme, 'Challenging the Conventional', does justice to this thought.

For the right wealth management decisions, it is essential to take a varied approach. Hence, listening to leaders and managers from a broad range of backgrounds is a winning formula. The 6th edition of India Wealth Management Conference, 2021, features many esteemed dignitaries, including:

• Navneet Munot, CFA, MD & CEO, HDFC Asset Management Company, Chairman, CFA Society India
• Mrin Agarwal, Founder, Finsafe
• Kalpen Parekh, CEO & MD, DSP Investment Managers
• Kishor Bagri, CFA, Director, CFA Society India
• Philip Huber, CFA, Chief Investment Officer (CIO), Savant Wealth Management
• Ashok Wadhwa, Group CEO, Ambit Private. Ltd.
• Anil Ghelani, CFA, Head Passive Investments & Products, DSP Investment Managers, Vice Chairman, CFA Society India

The first session, on August 13, will be chaired by Phil Huber, CFA, who is Chief Investment Officer at Savant Wealth Management, a firm with over 35 years of satisfied clients under their belt. The session, which is titled The Allocator's Edge: Challenging the Conventional Wisdom of Portfolio Construction by Embracing Alternative Investments", will be moderated by Ajit Menon, CEO, PGIM India Asset Management.

Philip Huber will help us find the perfect cost, tax, alternative asset, risk diversification, and portfolio management mix. On the other hand, Ajit Menon has not only years of experience in the asset-management business but is also a sought-after speaker and author of multiple papers. He has also co-designed a six-month certified course on wealth management and a two-month retirement-readiness certificate course.

The panel discussion, titled Challenging the Conventional, will be held on August 14. It will be moderated by Mrin Agarwal. The speakers are Rajesh Saluja, CEO & MD, ASK Wealth Advisors Pvt. Ltd., Neeraj Choksi, Founder & MD, NJ India Invest Pvt. Ltd. and Nitin Singh, MD & CEO, Avendus Wealth Management. They have about two decades of experience in their respective fields. The discussion topics will include the benefits of treating volatility as a friend, the pointlessness of attempting to predict the market, practising asset allocation, and the benefits of investing in technology as an alternative asset portfolio.

Join us on 13 and 14 August 2021 to widen your perspectives (and ours too) with your insights, opinions, thoughts, and participation. Like most events hosted by CFA Society India, the conference is an opportunity to gain professional insights and network. The two-day emporium of non-financial wealth also comes with an on-demand option that allows you to revisit the sessions. You can also gain exclusive access to Wealth Management Workshop: Platform as a service, a workshop featuring leading platform providers who explain their success stories and share what they've learnt.

Click here to register and find out more about the conference.