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Half of IIFL-ONE clients choose discretionary model

India’s IIFL Wealth Management has seen some 50% of its clients on its IIFL-ONE platform choose discretionary portfolio management since the platform’s launch in late 2018, according to Sandeep Jethwani, managing partner and head of advisory at group entity IIFL Investment Managers. “We are agnostic towards their choice between the advisory and discretionary models, but I’m seeing a rising preference for the…

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