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The Economic Times — Marketseconomictimes.indiatimes.com

ET Alpha Wealth Summit | 'Don't think the US is the world': Devina Mehra's 3 rules for getting global investing right (opens original article in a new tab)

TL;DR

Wealth managers at the ET Alpha Wealth Summit advise Indian investors on global diversification, emphasizing deliberate strategies over reactive decisions and highlighting risks in US-centric approaches and fund management.

  • Top wealth managers emphasize deliberate global diversification over knee-jerk reactions to India's market performance.
  • Devina Mehra highlights that India represents less than 3% of global market capitalization, advocating for international exposure.
  • Mehra warns against treating the US as a proxy for global markets and advises scrutiny of fund managers for effective global investing.
  • Global investing requires complex management, with examples like Gift City funds underperforming benchmarks.

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