25% of my family’s money is invested in India: Sanlam Investments CEO Carl Roothman
After wealth management and AMC, Sanlam is in talks to invest in Way2Wealth Brokers to expand its broking footprint in India
Sanlam Investments CEO Carl Roothman has revealed that around 25 percent of his children's investment portfolio is allocated to India, highlighting the country's long-term growth potential. Roothman, who is also a South African financial services group, stated that India offers a sustainable growth rate of 6-7 percent while maintaining political stability and policy continuity.
Sanlam is currently overseeing around Rs 5,000 crore in assets under advice and aims to build a network of 500 wealth professionals across 50 locations by 2030. The company is also exploring opportunities to expand its broking footprint, including potential investments in Way2Wealth Brokers. Roothman believes that India's appeal extends beyond market cycles, citing factors such as growth, stability, manufacturing potential, technology leadership, and financial-sector development as attractive long-term prospects for global investors.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
