Bernstein sees opportunity in Indian wealth managers as market fears subside

uk.investing.com

Bernstein recommends buying Indian wealth managers, citing their unjustified decline during market fears as an opportunity. Wealth managers' revenues and assets under management are linked to market moves, but their high-net-worth clients are resilient, and competitive concerns are easing. Bernstein rates 360One Wealth and Nuvama Wealth as Outperform, finding their valuations attractive despite potential earnings estimate cuts.


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Bernstein sees opportunity in Indian wealth managers as market fears subside | News Minimalist