The biggest market, the US, has had the same query year in 2022. This is the only year when the S&P500 and US Treasuries have negative returns –possibly the worst year for a conventionally balanced 60:40 portfolio since 1974.
Hubbis, 25th January 2023, Nimish Shah
LGT Wealth India, a private wealth management company and part of the LGT Group, announced the appointment of senior leaders as part of its top management team. LGT Wealth India announced its foray into the Indian Wealth Management sector in September 2022. These new hires signify the organization’s strong commitment to meet the growing demand in wealth management for Family Offices, High Net-Worth Individuals and Global investments in the Indian wealth planning industry. Nimish Shah joins LGT Wealth India as Managing Director – Family Office & Portfolio Analysis, Nikhil Advani joins as Managing Director – International Business, and Gautam Sewani as the Managing Director – Private Clients.
Nimish Shah brings with him over two decades of varied experience in capital markets, cross-asset classes, investment products and platforms. His key skills include providing financial planning and wealth solutions for high-net-worth clients through strategic and tactical asset allocation. He joined from Waterfield Advisors, where he served as the Chief Investment Officer. His primary responsibility at LGT Wealth India will be driving the Indian family offices and portfolio analytics segments.
Nikhil Advani joins LGT Wealth India as the Managing Director – International Business, with a mandate for strengthening and leading the global investing platform along with the international business segments of the organisation. Previously, Nikhil was a consultant at the Bank of Singapore where he spent more than a decade fulfilling key leadership roles and responsibilities. He has also worked with multinational companies such as Citibank Singapore and Merril Lynch. Nikhil has over 25 years of experience in financial services, primarily in the international markets.
Gautam Sewani brings with him over 21 years of rich experience in the wealth management industry. He was previously associated with Kotak Wealth Management, where he was responsible for driving the distribution and advisory business for the North & East zones. Gautam has also managed large branches of Citibank and HSBC across Delhi and Mumbai for nearly a decade.
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