ET Alpha Wealth Summit | Go for global allocation in a deliberate manner; not as a knee-jerk reaction to short-term underperformance: Rahul Jain

At the ET Alpha Wealth Summit, wealth managers including Nuvama Wealth's Rahul Jain and JioBlackRock's Sid Swaminathan advised HNI investors to approach global allocation deliberately rather than as a knee-jerk response to the Nifty's underperformance versus US and South Korean indices over the past two years. The panel recommended first fixing core asset allocation across equity, debt, and alternatives, and then considering a measured 5-10% global equity allocation for those with already balanced portfolios. The broader message was that global diversification adds complexity around currency, regulation, and macro cycles, making consistent alpha generation difficult.