The Illusion of Diversification: Correlation Breakdown During Market Stress

Imagine you are an analyst at a Mumbai-based wealth management firm, finalizing a multi-asset portfolio for a high-net-worth client. You have meticulously built a strategy where Indian equities and long-duration...

Understanding the Straight-Arrow Investor in Asset Allocation

Imagine you are sitting across from a client who has brought a spreadsheet of their portfolio performance alongside the latest annual report from a major Indian conglomerate. This client does not ask for 'hot tips' or...